Investing in global REITs enables investors to gain exposure to real estate in a liquid form. Liquidity plays a key role in portfolios and investors value this more in times of market stress. This was once again highlighted over the course of 2022 during the rapid change in inflation and monetary policy settings. Given the recent market volatility impacting the listed markets, we are now witnessing dislocation between public and private market real estate valuations. Although the consequential volatility casts a VUCA cloud over REIT performance, the silver lining is that this is tr...