Investment Approach

At Freehold, we hold the view that over the long term, listed and unlisted market returns converge. However, in the short to medium term, and despite common underlying assets, the markets can move independently creating inefficiencies.

Additionally, the individual sectors within property and infrastructure exhibit different investment characteristics – both between them and by region.

The impact is that both factors provide the potential to derive excess returns from the allocation of capital to structures, sectors and regions that are more undervalued than others on a relative basis.

Our investment approach is based on the following principles:

  • Exploitation of inefficiencies: capitalising on information and research based advantages to identify opportunities
  • Research Effort: bottom up fundamental analysis with a top down overlay
  • Exploitation of thematic trends – economic and demographic