Invesco Global Real Estate Fund
Why invest in Global Private Real Estate?
Unlocked Access
With the development of innovative investment vehicles, access to global private real estate has been democratised. It is now possible for individual investors to participate in high-quality global real estate investment opportunities, previously only available to large institutions.
Global private real estate can provide investors:
Breadth of Opportunity
The opportunity set in global private real estate is attractive, wide ranging and ever evolving, across sectors and geographies.
Diversification
Global private real estate has historically behaved differently to listed equities, bonds and GREITs.
Stable Performance
Global private real estate can generate compelling risk-adjusted returns across market cycles, potentially enhancing the overall return profile of portfolios.
Compared to listed assets including listed real estate, global private real estate has historically exhibited lower volatility. Additionally, it offers broader geographic and sector diversification than private Australian real estate. These attributes can make global private real estate an attractive addition to a well-rounded investment portfolio.
What does Global Private Real Estate invest in?
Global private real estate invests in physical properties across industrial, office, residential, retail and alternative sectors such as life science, self-storage and medical office assets in key regions around the world.
Global private real estate equity investment strategies can be broadly categorised into four main types: Core, Core Plus, Value-Add, and Opportunistic. These strategies represent a spectrum of investment approaches, each with varying levels of risk and return potential.
Core and Core Plus strategies focus on acquiring high-quality, well-located properties in major markets with the potential to generate stable, long-term income streams. These investments typically involve lower risk relative to Value-Add and Opportunistic strategies, and can offer steady cash flow through high occupancy rates and strong tenant credit. Value-Add and Opportunistic strategies target properties requiring significant improvements or redevelopment, offering higher potential returns but with increased risk relative to Core and Core Plus strategies.
Why invest in Global Private Real Estate with Invesco?
Invesco Real Estate (IRE) leverages extensive expertise and global presence to invest across the risk/return spectrum, offering stable income and growth potential for investors. With over 40 years of experience, IRE has a proven track record managing successful real estate strategies across multiple real estate cycles.
$90.1B is in USD as at 31 December 2024.
IRE’s cross-border teams consist of specialists with deep local market knowledge and local relationships in the key real estate markets globally. This enables IRE to identify and invest in the best opportunities globally, focusing on properties that are poised to benefit from long-term secular trends.
Accessing Global Private Real Estate with Invesco
To provide investors with evergreen access to institutional-grade properties, Invesco launched the Invesco Global Real Estate Fund
Why invest in the
Invesco Global Real Estate Fund
The Fund strategically invests in high-quality real estate assets in key markets worldwide, predominately focusing on Core and Core-plus investment opportunities. By diversifying across major markets and investing across sectors, the strategy seeks to optimise returns while managing risk. Additionally, allocating a portion of the portfolio to listed real estate securities to provide enhanced liquidity.
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Insights
Why invest in the Invesco Global Real Estate Fund?
Adopting a modern approach to the world’s oldest asset class, the Invesco Global Real Estate Fund1 seeks to offer investors:
Global, evergreen exposure
Gain immediate access to a globally diversified, evergreen portfolio of institutional-grade private real estate assets.
Resilient portfolio
Invest in a premium direct real estate portfolio that allocates to sectors that are poised to benefit from long-term secular trends, as the world evolves in how it consumes, lives, innovates, and connects.
Value-add through active management
Leverage Invesco Real Estate's direct real estate expertise and their ability to allocate to the best opportunities worldwide, sourced and managed by local investment teams with deep local insights.
Note: all investments are subject to risk. For more detailed information relating to the risks of the Fund, please refer to the Product Disclosure Statement (PDS) available from the “Documentation” section of this website or from Invesco.
1 The Fund is only available to retail investors receiving personal advice from a named adviser or wholesale and sophisticated investors as defined in the Corporations Act.
How does the fund invest?
The Invesco Global Real Estate Fund strategically invests in high-quality real estate assets in key markets worldwide, focusing on Core and Core-plus investment opportunities. By diversifying across major markets and investing across sectors, the Fund seeks to optimise returns while managing risk. Additionally, the Fund allocates a portion of the portfolio to listed real estate securities to provide enhanced liquidity.
The asset allocations above are intended targets only. At any point in time, subscriptions, redemptions, and/or valuation changes will mean that the allocation to Direct Real Estate, Listed Real Estate and Cash may vary significantly from these targets.
Invesco aims to invest in properties that are set to benefit from how the world:
CONSUME
LIVE
INNOVATE
CONNECT
Leveraging Invesco Real Estate’s global expertise and the local market insights of local investment teams, the Fund is focused on investing in private real estate assets that are poised to benefit from long-term secular trends across a range of sectors. The Fund invests in traditional sectors which includes the industrial, office, residential and retail sectors as well as alternative sectors such as life science, self-storage and medical office assets.
Ratings and platform availability
See footnote 1
The Invesco Global Real Estate Fund - Class A is available on the following platforms:
- Australia Money Market
- BT Panorama
- CFS Edge
- Colonial First State FirstWrap
- HUB24
- Macquarie Wrap
- Mason Stevens
- Netwealth
- Praemium
Insights
Important information
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1
The rating issued for GTU5547AU October 2024 are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2025 Lonsec. All rights reserved.
Assets in Invesco’s Global Real Estate portfolio
Below are some of the premium, private real estate assets the Invesco Global Real Estate Fund holds today, and the long-term secular trends across various sectors that the Fund is seeking to benefit from.
The growth of ecommerce has disrupted the retail sector globally, but necessity oriented and experiential retail are not easily replicated over the internet and maintain relevance in today’s world. The retail sector plays a key role in how we consume and connect, capturing the world’s need to shop and the world’s desire to shop.
Necessity oriented retail includes essential goods and services that people need daily, such as food, healthcare, and household items in convenient, in-demand locations. Meanwhile, experiential retail creates memorable customer experiences in physical spaces. Property value is enhanced by driving foot traffic, building brand loyalty, and fostering community through immersive environments.
Is an example of an experiential retail asset held in the portfolio. Described as the “only all-luxury shopping destination in the United States where the world's most elite, high-fashion brands come together”, The Shops at Crystals is a curated collection of over 50 global luxury brands located in the heart of the Las Vegas strip.
The asset features a dedicated tram station that connects it to the well-known Bellagio Resort & Casino, ARIA Resort & Casino and Monte Carlo Resort & Casino. This highly sought-after retail space is also the most pedestrian accessible and centrally located retail real estate on the boulevard.
The office sector links closely to how the world looks to connect and innovate. While the global pandemic highlighted the benefits of flexible working arrangements, remote working can diminish the ability to collaborate, encourage creativity and contribute to company culture.
Durable demand exists for premium office spaces that foster innovation and collaboration, in prime and convenient locations. These features not only enhance the work environment for tenants but also play a crucial role in their ability to attract and retain top talent to drive business growth, further bolstering the demand for quality office assets.
With a limited availability for A grade offices in key European CBD locations, Capital 8 is a premium office asset situated in the heart of Paris within the Monceau district, a chic neighbourhood with green spaces that embodies the charm and prestige of this French capital. The highly accessible location is described as the ‘home to offices’, as an innovative asset with indoor and outdoor collaborative areas, a roof garden, a restaurant/cafeteria and bicycle racks, that seeks to meet the everyday needs of tenants as a working environment where people want to be.
Investing in residential real estate can cater to a desire by tenants to live in rental accommodation which offers flexibility and/or affordability. Traditional apartment assets have been a cornerstone allocation within global real estate portfolios due to consistent demand and potential for steady returns. However emerging demographic trends, changing lifestyle needs, shifting economic conditions have given rise to newer opportunities within the residential sector over recent years, including Manufactured Housing and Single Family Rental.
With Australia's population both growing and aging, there is a notable undersupply of senior living accommodation. This imbalance is expected to drive durable demand for senior living assets in the residential sector over the long term.
Land Lease communities provide senior residents with the opportunity to rent land indefinitely, while owning their homes on the site. These communities also offer attractive lifestyle benefits, including access to shared amenities such as cinema rooms, gyms, pools, and sport courts – (including for the widely popular and growing game of pickleball).
Shifts in household dynamics contribute to durable demand for rental housing. As Millennials enter family years seeking space and schooling, continued focus on affordability and flexibility is expected to drive demand for Single Family Rental housing.
Invesco has invested in Single Family Rental at scale in partnership with Mynd, to develop Single Family Residential assets within sought-after suburbs, near quality schools, in areas that also offer convenient access to employment opportunities and lifestyle amenities.
The industrial sector has consistently demonstrated robust performance globally, driven predominantly by the heavy growth of ecommerce impacting how we consume. The surge in online shopping accelerated during the global pandemic and maintained momentum post-pandemic. Investing in high-quality state-of-the-art warehouses with best-in-class functionality, located in key transportation hubs that serve large population centers, has proven to be rewarding.
It is an innovative multi-story logistics facility in the south-western Seoul metropolitan area – 60 minutes distance from the capital (so possible for 3 deliveries a day) and close to the Wolgotpogu Port and Incheon Container Terminal. The area has a low vacancy rate and a limited supply of logistics facilities or projects under-way with large-scale permit approval. Construction of the asset was completed in 2021, with 7 levels of storage fully ramped (separate up and down) and 2 levels of cold rooms, leased to the largest e-commerce operator in Korea.
Insights
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Invesco Global Real Estate Fund - Class AMonthly Factsheet
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Invesco Global Real Estate FundAnnual Report
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Invesco Global Real Estate FundTMD Document
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Invesco Global Real Estate Fund - Class AProduct Disclosure Statement
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Invesco Global Real Estate Fund - Class AProduct Disclosure Statement - Part B
