Heitman International Real Estate Securities Pty Limited

The firm operates as part of Heitman, a global real estate investment manager. The parent firm's global CIO for public securities oversees strategy, while the Australian team executes regionally. Named portfolio managers are not publicly disclosed for this entity specifically, but Heitman's overall investment committee sets the macro framework.

The firm uses a combination of fundamental bottom-up research and quantitative screening to identify publicly traded real estate securities. The team analyzes REITs and real estate operating companies globally, leveraging Heitman's private market research on property fundamentals, valuations, and market cycles. Cross-asset insights from Heitman's private equity and debt teams inform security selection.

The firm invests in publicly traded real estate securities including REITs, real estate operating companies, and mortgage-backed securities. Portfolios can be global, regional (e.g., Asia-Pacific), or country-specific, covering property sectors such as office, retail, industrial, residential, and hospitality. The strategy focuses on securities trading below intrinsic value based on fundamental analysis.

The firm is an institutional asset manager, specifically the Australian-domiciled subsidiary of Heitman, a Chicago-based real estate investment manager founded in 1966. It manages capital for pension funds, sovereign wealth funds, and insurance companies, not for a single wealthy family.

Heitman International Real Estate Securities focuses exclusively on publicly traded real estate securities (REITs, real estate operating companies, debt securities). However, its parent, Heitman, also manages private equity and private debt real estate funds. This allows the public securities team to benefit from Heitman's broader private market research and expertise.

The firm manages portfolios with global, regional, and country-specific mandates. It has specific expertise in Asia-Pacific markets, given its Australian base. Portfolios can target developed markets (US, Europe, Japan, Australia) as well as select emerging markets, depending on client mandates.

Heitman International Real Estate Securities Pty Limited is a wholly owned subsidiary of Heitman LLC. It provides a local platform for Heitman's global listed real estate securities capabilities to institutional clients in Australia, New Zealand, and Asia. The firm operates under Australian financial services regulation, offering segregated vehicles for regional capital, while drawing on the parent's global research and portfolio management resources.