Principal Real Estate is a top 10 global real estate manager1 with $105.22 billion in assets under management as of 30 September 2025. Providing access to capabilities across the spectrum of public and private equity and debt, our in-depth market knowledge, experienced teams, and extensive connections across all four quadrants of real estate, help us to maximize opportunities and find the best relative value on behalf of our clients.
Principal Real Estate has built its reputation as a knowledgeable and trusted advisor to institutional investors on more than six decades of commercial real estate experience3. We adopt a consultative partnership approach with clients, providing choice and customization to help meet any unique risk and return objective. Our clients tap into a wide range of capabilities through our investment platform—either through convenient commingled portfolios or tailored investment strategies.
We believe research is key to delivering on our clients’ investment outcomes. It’s also our fundamental factor in evaluating the relative value of each investment opportunity. We base our investment decisions on a combination of bottom-up asset analysis and top-down economic and sector analyses.
With seasoned teams of investment professionals around the globe in the United States, Europe, Singapore, and Australia delivering comprehensive research and market coverage, clients can benefit from our distinct 360° perspective of real estate space and capital markets.
Our private equity capabilities:
Our platforms in the U.S. and Europe provide a range of investment capabilities from traditional core strategies to opportunistic property development and redevelopment.
Our public equity capabilities:
Our globe-spanning public real estate equity offerings focus on identifying opportunities where our team’s expectations differ from the consensus.
Our private debt capabilities:
Our debt strategies are available through a variety of options, including closed-end funds, and separately managed accounts:
Our public debt capabilities:
With diverse offerings across the risk spectrum, our CMBS strategies can suit any number of investor appetites, from buy-and-hold to opportunistic.
Compliance Statement
© 2025 Principal®, Principal Financial Group®, Principal Asset Management, and Principal and the logomark design are registered trademarks and service marks of Principal Financial Services, Inc., a Principal Financial Group company, in various countries around the world and may be used only with the permission of Principal Financial Services, Inc. Principal Asset ManagementSM is a trade name of Principal Global Investors, LLC. Principal Real Estate is a trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.
