Land & Buildings Investment Management

Overview

Land & Buildings Investment Management is an activist hedge fund specializing in publicly traded real estate and real estate-related securities. The firm employs a concentrated investment strategy focused on deeply discounted real estate in the public markets, capitalizing on inefficiencies in the over $1 trillion investible universe. Their approach involves proactive engagement and research-driven strategies to unlock value in undervalued real estate assets. The firm's investment focus includes growth, late-stage, pre-IPO, buyout, turnaround, and distressed opportunities within the real estate sector. They primarily operate in the United States, targeting industries such as real estate and financial services. Land & Buildings seeks to generate attractive risk-adjusted returns through their proactive, engagement-focused approach and research-driven strategy, leveraging their investment professionals' deep experience, research expertise, and industry relationships. Founded in 2008 and headquartered in Stamford, Connecticut, Land & Buildings Investment Management has been a leading force in modernizing REIT ESG practices. They have been a fierce stakeholder advocate over the past decade as the only dedicated public real estate activist, often pushing for significant governance reforms in the traditionally shareholder-unfriendly REIT industry. The firm manages approximately $790 million in assets and has a team of 8 employees and 4 investment advisers. Their mission is to advocate for all shareholders, committed to constructive engagement with corporate issuers, and view their investors as true partners. Their goal is to utilize every tool available to them as part of their effort to deliver value and manage risk for their clients.

Investment Focus

• Deeply discounted real estate assets in the public markets
• Opportunities for governance reforms in REITs
• Engagement-focused investment strategies

Portfolio Companies