Hazelview Investments: 50 years of recession data give hope for REITs

Expert Comment
Written By Claudia Reich Floyd

Claudia Reich Floyd

Regardless of whether a recession is imminent: The road ahead for listed real estate investment trusts (REITs) is promising. This is emphasised by Hazelview Investments, an international asset manager with a focus on real estate investments, after evaluating 50 years of historical recession data – starting with the oil crisis in the early 1970s up to the Covid recession from February 2020. According to this analysis, REITs in the US achieved an average cumulative total return of around 30 percent over the next two years and even around 50 percent over three years from the first negative quarter.

You can read the complete analysis here: „Global REITs Through Economic Cycles“

Claudia Reich Floyd

Portfolio Manager/Research
Global Real Estate Securities

Claudia Reich Floyd heads up the Zurich office in Switzerland and manages global strategies in the listed real estate universe. 
Ms. Reich Floyd has extensive expertise in real estate securities and has developed a strong knowledge of the regulatory needs of European clients. Prior to joining Hazelview (formerly Timbercreek), Ms. Reich Floyd was head of real estate securities at 4IP Management (2008–2012) and a portfolio manager at Citi Property Investors (2004–2008) working alongside Corrado Russo. Ms. Reich Floyd holds an MBA from the University of Cologne, Germany with a specialization in Finance and Banking (including one year studying abroad in Boston).

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