Demand for commercial and residential real estate in the developing world is exploding as an estimated one billion people move to cities over the next decade. This new “consuming class” could contribute $20 trillion a year to the global economy, according to McKinsey. A major beneficiary is expected to be the real estate industry. This week’s guests say global real estate is a huge investment opportunity overlooked by the vast majority of individual investors. Jason Wolf, who works for deep value investment legend, Marty Whitman, is the Co-Lead Portfolio Manager of the top performing Third Avenue Real Estate Value Fund. Gregg Fisher is the Founder and Chief Investment Officer of Gerstein Fisher, named one of Barron’s Top 100 Financial Advisors. These two have very different approaches to real estate investing, but agree that it should be part of everyone’s long-term, diversified portfolio.
Third Avenue on Massive Opportunity in CRE embedded below
Electron Capital Partners' flagship Electron Global Fund returned 5.1% in the first quarter of 2021, outperforming its benchmark, the MSCI World Utilities Index by 5.2%. Q1 2021 hedge fund letters, conferences and more According to a copy of the fund's first-quarter letter to investors, the average net exposure during the quarter was 43.0%. At the Read More