Transaction Criteria

• Office that adds value or has the potential to add value to the lives of the workers
• Life science that supports or has the potential to support innovation and attract capital

• Office: Areas within primary and secondary markets that minimize total commute times and serve up the broader amenity benefits of being in a city
• Life science: Both existing and emerging areas within a broader MSA that are served by universities and public and private investment
• High population- and job-growth areas within a larger MSA
• Supply-constrained areas within a larger MSA

Investment Profile: Retail that adds value or has the potential to add value to the community it serves, including grocery-anchored centers, community and neighborhood centers, lifestyle centers and urban street mixed-use

• Areas within primary and secondary markets that serve a defined ecosystem
• High population- and job-growth areas within a larger MSA
• Supply-constrained areas within a larger MSA

• Core: $25M-$250M
• Core+: $50M+
• Value Add: $50M-$250M

• State-of-the-art bulk distribution centers located in leading distribution hubs
• For core profiles, long-term leases to credit tenants
• For core+ or value-add, substantial vacancy or lease expirations
• In-fill, “last-mile” distribution facilities in major markets
• Select development

• Metros with large and/or growing population and jobs
• Ready access to ports-of-entry
• Multiple transportation nodes and inter-modal facilities

• Investment Profile: Core, Core +, Value-Add and Select Development
• Conventional Residential communities in markets with strong projected population/job growth and access to transportation/amenities, including suburban markets with barriers to new supply
• Student Housing in markets with strong supply & demand fundamentals, Division 1 athletics and  R1/R2 research universities
• Single-Family Rentals and Build-For-Rent communities in high-growth and/or supply-constrained housing markets

• Primary and Secondary markets
• High-population and job-growth submarkets
• Public transportation, highway infrastructure access
• Supply-constrained submarkets

• Resilient amenity-rich locations within major cities well-served by public transport 
• Flexible buildings with preference for large floorplates
• Assets with embedded rental growth and/or measured leasing risk
• Reposition assets in markets where development is structurally constrained physically or legally 
• Maximize building’s green credentials

• Top-tier European cities 
• City centers and improving locations in key cities
• All European markets considered

• Food-based convenience centers and supermarkets
• High Street retail with mixed-use elements
• Mispriced prime shopping centers
• No factory outlets
• Potential for mixed-use 

• Single-tenant or multi-tenant
• Open to short leases and development opportunities for our value-added strategies
• Well-specified flexible buildings that can accommodate robotics and automation

• Major transport corridors and locations close to major urban center with limited supply pipeline
• Strategic transportation corridors for Pan-European distribution

• Standing investment or funding of accommodation for lower-/middle-income households in supply-constrained locations
• Communities in markets with strong projected population/job growth and access to transportation/amenities, including suburban markets with barriers to new supply
• Select development

• Key European Cities in Western-Europe, Nordics, UK, Milan, Madrid, Barcelona 
• High-population/job-growth metropolitan areas
• Public Transportation access

• Student Housing
• Hotels/Short Stay with long leases
• Data Centers
• Healthcare
• Mixed-Use Urban Destinations

• Key Cities
• All European markets considered