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Private Equity

Principal Real Estate Investors offers a large selection of quality investments to meet your needs. We’re able to provide you with these opportunities because we have such depth and breadth of expertise and access across the entire real estate market—as well as access to off-market transactions.

A comprehensive suite of private equity alternatives
Our private equity platform offers a range of investment capabilities across the risk spectrum, from traditional core strategies focused on stabilized, income-producing investments, to opportunistic property development and redevelopment opportunities. 

We’re also committed to responsible property investing, and implement sustainable features across our portfolios. Our commitment helps “future-proof” properties and provides potential economic benefits with relatively minimal expenditures.

Our investment strategies include:

  • Principal U.S. Property Separate Account
    This core, open-end, private equity real estate strategy seeks strong, risk-adjusted returns by investing in a diversified portfolio of well-located, primarily stabilized, income-producing assets in the United States. Launched in 1982, it’s one of the most widely used private commercial real estate investment vehicles in the U.S.
     
  • Core-Plus Commingled Fund
    This open-end fund follows a core plus strategy, combining stable income with the potential for attractive risk-adjusted returns. Launched in 2004, it invests in a diversified portfolio of higher-quality assets in the United States. When possible, the Fund also invests in sustainable properties. The Fund recently ranked #4 among its peer group for corporate environmental policies and management in the U.S.1
     
  • Value-Add Commingled Fund
    ​We recently launched a second fund in a series of closed-end investment strategies. The fund is focused on “green” value-add and development projects in the United States that have the potential to generate positive, risk-adjusted returns. Fund I has a solid track record and ranked in the top two among U.S. private property funds for corporate environmental policies and management in the US.1

We also offer an array of separate account capabilities with strategies that can be tailored to your specific investment needs.

 

1 Principal Real Estate Investors’ closed-end value-added commingled fund ranked 2nd among U.S. diversified - office/residential funds. Rankings out of 8 U.S. diversified - office/residential funds. (2014 Global Real Estate Sustainability Benchmark (GRESB)) survey, GRESB Foundation, data as of December 31, 2013).