Do you believe that Market Rents are cyclical (i.e., mean-revert)?

If so, is this philosophy incorporated in your investment process?

There have been numerous research reports, indeed books, looking at evidence for property cycles. Unfortunately, like Spurs winning the cup with a ‘1’ in the year, none concluded that you can set your watch by the property cycle. If you do believe that Market Rents mean-revert in some markets, say offices, then these markets are less risky than traditional risk analysis would dictate. This has implications for portfolio construction.

The RES Asset allocation Model allows you to form top-down portfolio plans and translate your investment philosophy into practical client solutions.