Cohen & Steers, IDR merge REIT expertise with private real estate strategy
A new core portfolioCheigh said he and Garrett Zdolshek, CIO of IDR Investment Management, envision this strategy as a foundation for an institutional investor’s real estate portfolio.“This can replace their core portfolio and do so in a way that is delivering more like what we call ‘core-plus return,’ delivering the liquidity that has been disappointing to people and to get more exposure to some of the next generation property types (such as data centers) that investors generally want,” Cheigh said.On average, the strategy will be about two-thirds private core real...



