Through the Opportunistic Investing Group, PREI manages a series of closed-end, commingled opportunity funds. These funds have a higher risk-return profile, typically executed with small and mid-sized operating partners with a demonstrable track record and the financial strength to provide significant coinvestment capital. The funds invest in all major property types, and selectively in specialized real estate such as medical office or self storage. They focus on exploiting real estate risk in broad, deep, liquid markets, primarily in North America and Europe.

The Group’s most recent strategy is designed to exploit the current distress in real estate markets, resulting from the global economic downturn. For opportunistic investors, the focus has shifted from development oriented strategies to a wide array of distress opportunities. Central to these will be the potential to acquire assets at significant discounts to their intrinsic value under less extreme financial market and economic conditions. Well capitalized buyers with broad coverage of the real estate debt and equity markets have the opportunity to profit from this economic distress.