Heitman Real Estate Securities LLC
Heitman Real Estate Securities LLC is a real estate investment management subsidiary of Heitman LLC, headquartered in Chicago, Illinois. Founded in 1989 as the securities arm of Heitman (which itself was founded in 1966), the firm specializes in investing in public real estate securities, including REITs, as well as equity and debt capitalizations of property. Heitman operates globally, serving institutional investors such as pension plans, foundations, and other large entities. The firm employs approximately 350 professionals worldwide and manages strategies across private equity real estate, real estate debt, and listed real estate securities.
Investment Strategy
Heitman Real Estate Securities LLC primarily invests in listed and publicly traded real estate companies, such as REITs, and may also directly invest in the equity or debt capitalization of real estate assets. The firm employs fundamental analysis to identify attractive opportunities in global real estate securities, aiming to provide clients access to diversified and liquid real estate investments. It serves a global institutional client base by managing strategies that target long-term, risk-adjusted returns through active security selection and portfolio construction across geographies and property types.
Top Holdings
Equity Positions (56)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
W WELL | WELLTOWER INC | 11.01% | $155.3M | 1,010,293 | $110.82 | $153.73 | -$10.2M |
P PLD | PROLOGIS INC. | 8.01% | $113.1M | 1,075,738 | $98.57 | $105.12 | -$14.8M |
E EQIX | EQUINIX INC | 7.80% | $110.1M | 138,384 | $747.96 | $795.47 | +$25.3M |
S SPG | SIMON PPTY GROUP INC NEW | 4.47% | $63.1M | 392,425 | $147.65 | $160.76 | -$16.3M |
E EXR | EXTRA SPACE STORAGE INC | 4.34% | $61.2M | 415,058 | $150.77 | $147.44 | +$43.4M |