Cohen & Steers

As we enter the holiday season and approach the New Year, Cohen & Steers sends our thoughts and best wishes to you, your family and friends for a very happy holiday season and a prosperous New Year.

We are pleased to announce that Cohen & Steers Income Opportunities REIT, Inc. has acquired open-air community shopping center Bridgepointe Shopping Center in San Mateo, CA through a programmatic joint venture with Sterling Organization. This is CNSREIT’s fourth acquisition focused on well-anchored, necessity-driven shopping centers and its third with Sterling. To learn more about the acquisition, read our press release: https://bit.ly/3ZOEKBe 

We are pleased to announce the appointment of Jon Cheigh as President. Read more: https://bit.ly/3ZKrspx 

We believe the market cycle is turning in favor of listed #REITs and that they can be an attractive addition to APAC investors’ portfolios for their liquidity, diversification and historically strong performance in macro environments like the one we’re entering. Read more in our piece for Citywire Asia: https://bit.ly/3VF7viD

Institutional investors’ target allocations to #realestate are up more than 20% since 2013, according to the 2024 Institutional Real Estate Allocations Monitor. Check out this month’s Real Estate Reel to learn about how institutional investors are positioned within #commercialrealestate heading into 2025 and the role listed #REITs can play in real estate portfolios. https://bit.ly/4gekz6P 

Chief Executive Officer Joseph Harvey spoke with IPE Real Assets for a firm profile discussing the transition from being a founder-led firm to the next generation and opportunities arising from the macroeconomic regime shift. He discusses why combining listed and private #realestate can lead to better portfolios and how Cohen & Steers is helping clients access opportunities at the intersection of listed and private real estate. https://bit.ly/4ffZ8kA 

We are honored to be named as a #BestPlacetoWork in Money Management by Pensions & Investments for the fifth year in a row. We thank our employees for their hard work, commitment and contributions to our firm. https://bit.ly/4gmLXPC

While power demand in the United States has been largely flat for nearly two decades, this trend is now reversing. We expect overall power demand to grow ~2.5% per year, on average, through 2030 and that this trend will have large impacts on the global #listedinfrastructure market. Learn more: https://bit.ly/4eXt2L1

We believe a generational reset in #commercialrealestate prices is in full swing and is revealing compelling opportunities in sectors such as open-air shopping centers amid high occupancy rates and low levels of construction. Join Head of the Private Real Estate Group James S. Corl and Head of Real Estate Strategy & Research Richard Hill for a webcast on Tuesday, December 10 at 11am ET as they discuss opportunities in the repriced private real estate market. Register here: https://lnkd.in/g7zU52f7

On this #GivingTuesday, we want to highlight our Employee Resource Groups and the organizations they partnered with this year to make a difference: - Our Green Team led a beach clean-up with NYC Department of Parks & Recreation and the Ocean Conservancy - The Volunteer team led donation drives and fundraisers for the Animal Cares Centers of New York, Volunteers of America-Greater New York's Operation Backpack and Crossroads Community Services NYC - The Women’s Exchange held a “Miles Challenge” to encourage employees to donate to Living Beyond Breast Cancer and wear pink in support of our LBBC guest speakers We’re proud of our employees who organized and participated in these events, extending the giving season to year-round.