Third Avenue International Real Estate Value Fund Institutional Class (REIFX)

Overview

The fund described focuses on investing in equity securities of companies that are primarily involved in the real estate sector outside of the United States. By dedicating at least 80% of its net assets, alongside any borrowed amounts intended for investment, the fund strategically commits to international real estate markets. This commitment indicates a strong emphasis on geographic diversification and the potential for tapping into the growth and income opportunities in real estate markets beyond the US borders. Such investments might include, but are not limited to, real estate investment trusts (REITs) and companies engaged in the development, management, and ownership of commercial, residential, and industrial properties. The approach suggests an active participation in the global real estate industry, aiming to leverage the dynamism and varying cycles of international real estate markets.

Products and Services

• Equity Securities in Non-US Real Estate Companies

  This product targets equity investments in companies deeply involved in various aspects of the real estate sector, such as development, management, and ownership of property, operating outside the United States. It seeks to capitalize on the diverse opportunities presented by global real estate markets, adapting to regional economic and market trends for potentially higher returns.

• Real Estate Investment Trusts (REITs)

  The fund also focuses heavily on investing in REITs that operate outside of the US. REITs are companies that own, operate, or finance income-producing real estate across a range of property sectors. This investment strategy is designed to provide investors with exposure to real estate assets, offering potentially stable income streams and opportunities for capital appreciation through market value increases of the underlying properties.