Real Estate

OVERVIEW

“Real Estate investments today still represent core allocations in most investor portfolios – and with a good reason. Attractive cash yields, inflation protection and the potential for capital appreciation can all be elements of a Real Estate investment. Additionally, the absence of any material correlation to traditional asset classes makes real estate a great tool for diversification.”

____ Douglas Kalen, Co-Founder Crescendo Group

Key Facts

  • Research Team in London & Geneva

  • 30 years experience

  • USD 5 billion in corporate net lease transactions

Recent and historical traditional financial market behavior has demonstrated that the returns generated by real estate and its defensive characteristics can play a key role in diversified investment portfolios.

Inflation protection and attractive cash yield are among the most popular characteristics of real estate. Some strategies -such as those offered by Crescendo- are also designed to deliver capital appreciation potential, further adding to the total return profile.

Tangible investment backed by “real asset”: In today’s increasingly electronic and cyber-driven world, many investors still desire the peace of mind offered by an asset than can be seen and touched.

Stability of performance: real estate investments can offer stable and predictable returns and regular income derived from real estate, more generally can be a stabilising force in a border portfolio, by lowering overall volatility.

Investment Philosophy

We believe that an approach that focuses on properties that are ‘mission-critical’ to tenants – and consequently lead to longer-term tenancy contracts – can generate superior results.

Geography can be an important factor, depending on the strategy. Local laws can vary widely from country to country and can have a material impact on returns and risk.

We believe that strong value can be created by finding ‘off market’ transactions. For this reason, a strong network and well-regarded reputation are key elements.

Our direct investment strategies seek to generate consistent, uncorrelated returns predominantly based on current income generated from the properties in which we are invested.

Investment Strategies Offered

Crescendo Real Estate Debt (CREDS)

Vintage 1: Launched in April 2018. Last closing in 30 June 2019

The fund allocates capital to financing real estate opportunities across a range of investment types, including but not limited to direct development, loan syndicates, and other co-investments.

Crescendo Preservation & Income (CPI)

Vintage 1: Launched in May 2017. Last closing in 30 June 2019 
Vintage 1: Launched 3Q 2020

Strategy first launched in May 2017. Focus is on properties that are mission-critical to the tenant and occupied on a long-term basis. Fund seeks to own high-quality properties at a discount to replacement cost and to create value by sourcing assets via off-market transactions and leveraging our deep and expert network.