Core Insights - The article discusses two prominent real estate ETFs, the Vanguard Global ex-U.S. Real Estate ETF (VNQI) and the Xtrackers International Real Estate ETF (HAUZ), which provide investors with exposure to international real estate markets outside the United States [2][4]. Cost & Size Comparison - HAUZ has an expense ratio of 0.10% and assets under management (AUM) of $951.9 million, while VNQI has an expense ratio of 0.12% and AUM of $3.53 billion [3]. - The one-year return for HAUZ is 21.27%, compared to VNQI's 19.63%, and the dividend yield for HAUZ is 4.34%, slightly lower than VNQI's 4.58% [3][4]. Performance & Risk Metrics - Over a five-year period, HAUZ experienced a maximum drawdown of -34.54%, while VNQI had a slightly higher drawdown of -35.76% [5]. - The growth of a $1,000 investment over five years would result in $891 for HAUZ and $876 for VNQI [5]. Fund Composition - VNQI holds 742 assets and focuses on global real estate excluding the U.S., with major holdings including Goodman Group, Mitsui Fudosan Co., Ltd., and Mitsubishi Estate Co., Ltd. [6]. - HAUZ, being three years younger, has nearly 300 fewer holdings than VNQI and excludes companies from Pakistan and Vietnam in addition to the U.S. [7]. Dividend Payout Frequency - HAUZ has historically paid dividends semiannually, resulting in two payments per year, while VNQI switched from quarterly to annual payments in 2023, offering a larger lump sum payment [9].

Core Insights - The Xtrackers International Real Estate ETF (HAUZ) and the iShares Global REIT ETF (REET) provide different exposures to global real estate markets, with HAUZ focusing on international markets outside the U.S. and REET being more concentrated in U.S. REITs [1][10] Cost and Size Comparison - HAUZ has a lower expense ratio of 0.10% compared to REET's 0.14% - HAUZ offers a 1-year return of 17.2% versus REET's 3.6% - HAUZ has a dividend yield of 3.91%, slightly higher than REET's 3.7% - HAUZ's assets under management (AUM) stand at $940.7 million, while REET has a significantly larger AUM of $4.04 billion [3][4] Performance and Risk Metrics - Over the past five years, HAUZ experienced a maximum drawdown of 34.53%, while REET had a lower drawdown of 32.09% - An investment of $1,000 would have grown to $883 in HAUZ and $1,053 in REET over the same period [5] Underlying Holdings - REET tracks a global index with 328 stocks, heavily weighted towards large U.S. REITs like Welltower Inc, Prologis Reit Inc, and Equinix Reit Inc, which dominate its performance [6][9] - HAUZ holds 408 stocks, with significant investments in companies like Goodman Group, Mitsui Fudosan Co Ltd, and Mitsubishi Estate Co Ltd, providing a more geographically diversified exposure [7] Investment Implications - REET is suitable for investors seeking exposure closely tied to U.S. real estate dynamics, while HAUZ is better for those wanting to diversify away from U.S. market influences [10]

Core Insights - Colliers' 2026 Global Investor Outlook indicates a resurgence of investor confidence in global real estate markets, driven by improving market fundamentals, returning liquidity, and normalizing pricing expectations [1][2][3] Investment Trends - Nearly half of investors (49%) prefer direct investments and separate accounts, with a growing interest in platform joint ventures and M&A [2] - 37% of investors are leaning towards core and core-plus strategies, despite only 9% of real estate funds being raised targeting these areas, highlighting a disconnect between investor appetite and fund orientation [2][3] Market Dynamics - Multi-regional strategies now account for nearly 30% of global fundraising, with North America’s share dropping from 50% in 2024 to 40% in 2025, while Europe and Asia Pacific saw increases of 50% and 130% year-on-year, respectively [3] - Data centres represented 31% of global real estate funds raised from Q1 to Q3 2025, marking them as the second-most popular asset type, while offices are experiencing a global rebound [4] Sector Performance - Industrial, multifamily, and retail assets continue to attract capital, particularly in markets with strong fundamentals and constrained supply [6] - Investors are focusing on value creation through the repositioning of existing assets, with a notable trend towards adaptive reuse in supply-constrained markets [7] Regional Highlights - In the United States, pent-up capital and attractive valuations are driving renewed activity, especially in multifamily, industrial, and data centres [11] - Europe remains a key destination for global capital, with office and industrial sectors leading a recovery amid improving liquidity [11] - In the Asia Pacific region, robust growth prospects are enhancing demand for office, logistics, and emerging alternatives like data centres and student housing [11] - Canada is seeing a return of institutional capital, driven by safe-haven appeal and supply constraints in multifamily and retail sectors [11]