Innovation In
Global Property

About Us

JLP Asset Management

JLP is a global real estate investment manager. Headquartered in New York with offices in Amsterdam, São Paulo and Singapore, JLP leverages its deep research capabilities globally to source and underwrite what we consider to be the best opportunities across geographies and sectors

Our Vision

Be the leading investment manager in global real estate, identifying opportunities to provide our clients with the best available long-term returns*

* There may be better opportunities than those that JLP was able to identify

Cycle-Tested Track Record

Seasoned Team with 21 years of consistent performance and +16 years working together

Global Presence

Deep research capabilities globally with local teams well positioned to source and underwrite markets and investments

Client Oriented

Committed to sizing the business appropriately to protect the ability to generate attractive returns and customize as needed to meet client objectives

Distinctive Investment Approach

Fundamental bottom-up analysis with a long-term horizon and high conviction portfolios with investment opportunities not available in index funds

About Us

Our Principles

Expertise

Real estate market specialist in all sectors and regions globally

Consistency

Years of experience and disciplined investment process

Client Oriented

Institutional platform with consistent performance and innovative ideas

Innovation

Local teams with global view of trends and new opportunities

Commitment

Engagement to quality and high ethical standards

Access to the global real
estate public market

80+

Countries

17+

Sectors

2,700+

Companies

11%p.a.

Return on the
last 30 years

(FTSE Nareit All Equity REITs Index)
Market

Market Overview

Global real estate investment is a truly local business and highly inefficient, providing opportunities for those who make the effort to understand the market and its nuances

Large and diversified addressable market

Real estate securities is a US$4.5 trillion global market approximately
(source: LaSalle)

Global market with multiple property sectors and regions

Strong corporate governance

Invested companies with high quality experienced management teams

Arbitrage opportunities in a high dispersion environment

Real estate securities real-time pricing offers great opportunities for active long-term investment managers to arbitrage short-term volatility

We seek to exploit mispricing to invest in premium assets at attractive valuations

Highly attractive entry point fostered by high dispersion, interest rate spreads, and private market dry powder

Valuable diversification benefits to a portfolio

Real estate securities are among the best performing asset classes over the long run

Moderate to low correlation with equities and bonds

Lower volatility than government bonds over the past five years

Generally superior dividend yields to other equities
(Sources: CEM Benchmarking, JLP analysis and Nareit)

Real estate with liquidity and diversification

Real estate securities allow for quicker market entry/exit than private real estate

High diversification options without committing to high levels of capital as in the case of direct real estate

Outperformed private real estate by 619 bps per year in the long-run
(source: Nareit)

Our Approach

Disciplined
value-oriented
approach

High conviction, concentrated portfolios

Benchmark agnostic stock selection

Deep bottom-up fundamental analysis intended to uncover mispricing

Emphasis on rent growers not just rent collectors

Long investment horizon, offering the opportunity to take advantage of short-term volatility to purchase securities at discounts to intrinsic value

Our team

Leadership

JLP’s senior team has worked together nearly 20 years, with responsibilities for research, portfolio management, operations, marketing and investor relations.

JLP believes the experience level of the team ranks among the highest of its peers with portfolio managers and analysts averaging over 18 years experience, focused exclusively on global real estate securities markets and companies.

Jim Rehlaender

Chairman of Global Investment Committee and Chief Compliance Officer

Mr. Rehlaender has 40 years’ experience in the real estate industry including over 25 years managing global real estate securities portfolios. Prior to founding JLP, formerly known as Northwood Securities, Mr. Rehlaender spent 14 years with EII Capital Management, Inc. (EII) where he was responsible for all non-US investments and was the co-portfolio manager for global portfolios.

Fabio Bergamo

Managing Director

Mr. Bergamo has over 15 years of experience in Finance, Management and real estate in the UK, USA and Brazil. Mr. Bergamo is responsible for overseeing Marketing, Investor Relations, Operations, and Business Development for the firm.

Amanda Black, CFA

Managing Director and Global Chief Investment Officer

Ms. Black has over 22 years of real estate securities experience and is responsible for all investments globally for the firm. Prior to joining JLP, Ms. Black was a Portfolio Manager for Ascent Investment Advisors, co-managing both a global real estate mutual fund and hedge fund.

Maarten Van Den Brink, CFA

Senior Vice President and Portfolio Manager – North America

Mr. Van Den Brink has 16 years of real estate securities research experience and is responsible for all North American investments.

Parker Rhea

Senior Vice President and Senior Analyst – North America

Mr. Rhea has 14 years of real estate securities research experience and is responsible for research coverage of US REITs with a focus on data center, cell tower, self-storage, industrial, health care, lodging, triple net, and gaming sectors.

Roy Külter

Senior Vice President and Senior Analyst – Europe

Mr. Külter has 8 years of real estate securities research experience and is responsible for research coverage of Continental European countries with an emphasis on Germany, Sweden, Belgium, Switzerland, and Spain.

Joris Jansen

Senior Vice President and Senior Analyst – Europe

Mr. Jansen has over 22 years of global real estate research experience and is responsible for research coverage of European property companies with a focus on France & UK.

Kuan Cheung Sin

Senior Vice President and Portfolio Manager – Asia

Mr. Sin has 16 years of Asian real estate securities research experience and is responsible for all Asian investments for the firm.

Brian Wee

Vice President and Senior Analyst – Asia

Mr. Wee has 17 years of investment experience and is responsible for research coverage of Asian property companies with a focus on Singapore.

Albert Chan

Vice President and Senior Analyst – Asia

Mr. Chan has 15 years of experience and is responsible for research coverage of Asian property companies with a focus on Japan.

Felipe Rosa

Vice President Global Alternative Investments

Mr. Rosa has over 9 years of experience and is responsible for non-listed investment opportunities globally.