Investment Strategies

Real Estate Investing

PIMCO Real Estate

With over $190B in AUM and 300+ real estate professionals across 30 offices, we are one of the largest and most diversified real estate managers in the world, investing across core, core-plus, value-add, and opportunistic assets to bring a broad set of investment strategies to your clients.^*

Top-Tier Sourcing

Leverage our scale and market presence, which strengthens our sourcing capabilities across brokers and local operating partners.

Structuring Expertise

Potentially benefit from our ability to provide creative solutions for complex investment situations by combining PIMCO's structured credit and analytics capabilities with deep asset-level expertise.

Robust Platform Integration

Tap into PIMCO's broader resources such as macroeconomic analysis and credit research and risk management processes, as well as our integrated alternatives financing platform.

^*All data as of 12/31/2023. All statistics represent the combined PIMCO and PIMCO Prime Real Estate businesses. Assets include $100.5 billion in assets managed by PIMCO Prime Real Estate (“PIMCO Prime”). The AUM attributable to PIMCO Prime includes uncalled capital commitments. PIMCO Prime is a PIMCO company and includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO.

Aim to Elevate Your Portfolio with PIMCO Real Estate Solutions

Real Estate Credit

PIMCO’s credit-based strategies seek to capitalize on opportunities across the real estate lending markets. PIMCO invests in senior loans, mezzanine loans, participating debt, B-notes, loan portfolio term financing, construction loans, structured, sub- and non-performing loans, and distressed debt.

Real Estate Equity

We invest in real estate equity across the risk spectrum, from core and core+ to opportunistic and special situations strategies. Our platform combines the expertise of PIMCO Prime Real Estate in high-quality, performing core /core+ investing, with the higher-yielding, opportunistic focus that PIMCO has developed over the past 15+ years.

Public Real Estate

As part of broader mandates, PIMCO manages over $72B in public real estate assets. Investments include CMBS, CRE CDOs, secured and unsecured debt, and REIT preferred/common equity.^*

^*As of December 31 2023

We are honored to have been awarded PERE’s Debt Firm of the Year – Global (2023) and REC Europe’s Alternative Lender of the Year – Germany (2023)

Debt Firm of the Year: Global was awarded to PIMCO. As of 1 March 2024, based on calendar year 2023. Private Equity Real Estate (PERE) shortlists firms for Debt Firm of the Year: Global based on two main factors: [1] submissions from the industry [which PERE calls for every year] and [2] editorial team expertise, drawn from PERE's coverage and conversations with sources, and award recipients are selected based on number of votes received by industry peers. Compensation was not provided by PIMCO for obtaining or using the Debt Firm of the Year: Global award.

Alternative Lender of the Year: Germany was awarded to PIMCO. As of 1 March 2024, based on calendar year 2023. Real Estate Capital Europe (REC) shortlists firms for Alternative Lender of the Year: Germany based on two main factors: (1) submissions from the industry (which we call for every year) and (2) editorial team expertise, drawn from our coverage and conversations with sources, and award recipients are selected based on number of votes received by industry peers. Compensation was not provided by PIMCO for obtaining or using the Alternative Lender of the Year: Germany award.

More to Know

Explore Insights

Economic and Market Commentary

Commercial Real Estate: Finding Value in Distressed Assets

12/16/2022

Traditional channels of liquidity for commercial real estate have collapsed, providing attractive opportunities for distressed investors.

John Murray

Economic and Market Commentary

Quick Takes: Navigate Inflation Concerns with a Multi-Asset Approach

12/9/2022

Economic uncertainty can make it challenging to protect investments against inflation. Learn why using a range of real assets, like TIPS and commodities, may provide extra diversification benefits to a 60/40 portfolio.

Greg Sharenow

Real Estate Outlook

Facing the Music: Challenges and Opportunities in Today’s Commercial Real Estate Market

7/24/2024

Embracing resilience in CRE amid unprecedented challenges

John Murray, François Trausch

Economic and Market Commentary

Capitalizing on Change in the Real Estate Market

12/7/2023

Discover potential opportunities in the real estate market from a panel discussion at our recent Alternatives Investor Conference.

John Murray, Seray Incoglu, François Trausch

Real Estate Outlook

Real Estate Reckoning

6/20/2023

Our long-term outlook embraces a flexible, long-term approach to seize opportunities in debt and equity investments across the real estate landscape.

John Murray, François Trausch

Economic and Market Commentary

Commercial Real Estate Outlook: Opportunities Amid Distress

12/13/2022

As commercial real estate faces its biggest downturn since the Global Financial Crisis, John Murray, global head of private commercial real estate, discusses the state of the CRE market, where he sees opportunities today, and the tail risks he’s watching.

John Murray

Viewpoints

Commercial Real Estate: The Office Market in a Post-COVID World

8/16/2021

The pandemic accelerated the secular work-from-home trend, creating winners and losers in office real estate assets.

John Murray, François Trausch, Megan Walters, Michael Chandra

Unlocking Alternatives: The Office Market in a Post-COVID World

8/3/2021

Are offices a thing of the past? PIMCO and Allianz Real Estate discuss where we think the office sector may be heading and current opportunities in the market.

John Murray, François Trausch, Megan Walters

New Possibilities from PIMCO and Allianz Real Estate

8/3/2021

Learn how PIMCO and Allianz Real Estate have brought together their specialized expertise and global resources to offer an exciting new set of investment solutions in commercial real estate investing.

John Murray, François Trausch

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