On behalf of our clients, Principal Real Estate Investors acquires land positions throughout the major metropolitan markets in the U.S. and develops the properties into suburban office, flex, service center, multifamily and industrial buildings. Our strategy is to focus on markets with favorable supply and demand relationships: Current relationship between supply and demand of commercial real estate is favorable for new construction. In depth research of more than 55 markets allows us to focus on those that exhibit the strongest real estate fundamentals. The attractive risk-adjusted returns from these investments compensate our investors for the risk associated with real estate development.