Our Approach
Investment Process
Our disciplined investment process combines property-centric research to discern relative value with active management to capture returns. High conviction in value, quality, and future potential drives concentrated portfolios managed with low turnover by sector and regional experts with long-term management relationships.
Institutional Investors
Adelante’s legacy as a premier real estate securities investment firm is a reflection of our long-term relationships with institutional investors as well as companies in the commercial real estate investment community.
Financial Professionals
The inclusion of real estate securities in a well-diversified investment portfolio and access to quality commercial real estate investment is no longer the sole realm of institutional investors.
Concentrated US Equity Real Estate
US REIT Strategy
Our Domestic Strategy invests in a concentrated portfolio of 25-35 high-conviction US publicly traded REITs. We conduct real estate market research and dissect financial statements to identify companies trading at discounts to NAV.
- On-site property research and inspection
- Proprietary NAV analysis based on real estate value
- Price-to-NAV discipline with 15-20% discount targets
- Benchmark: FTSE Nareit All Equity REITs
Strategy Overview
Target Holdings: 25-35
Strategy AUM: $1.8B
Track Record: 25+ yrs
Strategy Overview
Target Holdings: 25-35
Strategy AUM: $1.8B
Track Record: 25+ yrs
Worldwide Real Estate Securities
Global REIT Strategy
Our Global Strategy provides diversified exposure to real estate securities across developed and emerging markets. Property-centric research conducted by regional experts with meaningful relationships with management teams worldwide.
- On-site research across 40+ countries
- Local market real estate valuation expertise
- Price-to-NAV analysis with regional adjustments
- Benchmark: FTSE EPRA/Nareit Developed
Strategy Overview
Target Holdings: 25-35
Strategy AUM: $1.8B
Track Record: 25+ yrs
Dividend Growth Focus
Enhanced Income Strategy
Income-oriented strategy emphasizing REITs with strong underlying real estate assets, sustainable dividends, and compelling price-to-NAV ratios.
- Real estate quality and cash flow analysis
- Conservative NAV estimates and balance sheet review
- Focus on NAV-rich stocks with above-average yields
- Benchmark: FTSE Nareit All Equity REITs
Interested in Our Strategies?
Contact our team to discuss how our REIT investment strategies can help you achieve your portfolio objectives.