The Global ex-US Relative Return strategy is designed to represent general trends in ex-US Real Estate ownership and development activities worldwide. Each region of the listed real estate universe (North America, Europe, Asia-Pacific and Emerging Markets) is covered by a dedicated team of professionals.

The goal of the Global ex-US Relative Return Strategy is to outperform its benchmark index by 200 basis points (two percent) annually (assessed on a four year moving average in US$). The benchmark index is the FTSE EPRA/NAREIT Developed ex-US Index.