Global listed real estate is once again adding diversification benefits to balanced portfolios, and at the same time, delivering the underlying bricks and mortar economic returns of the underlying real estate. Here, we explore new and innovative opportunities across the world that we feel are important in building a dynamic yet stable real estate portfolio for customers.

“Within Global Listed Real Estate, we’re looking for defensive growth,” explains James Maydew, Head of Global Listed Real Estate at AMP Capital.

Maydew says manufactured housing, especially in the US, offers a great opportunity for several key reasons.

• There is limited supply, meaning rents have an ongoing positive growth trajectory.
• The assets generate strong cash flow as very little capital expenditure is required.
• Manufactured housing is a popular option for the ‘silver tsunami’ of retirees currently looking for affordable housing options as the baby boomer generation retire en-masse over the next 20 years.
• Some of the most influential investors in the world, including Warren Buffett and Sam Zell, are believers in this asset class.

The set-up is there for manufactured housing demand to grow and this is expected not just in the US, but increasingly in other locations in the world.

Read and watch (includes a video from James Maydew) >