AEW Research's Q2 2026 outlook makes the case that in a higher-for-longer rate environment, property returns will be driven by income growth, capital discipline and market selection rather than yield compression.
Read More
AEW is one of the largest real estate investment managers in the world. Today, we have over 800 clients globally with $83.7/€73.2 billion in assets under management across all property types in North America, Europe, and the Asia Pacific. With over 800 employees in 19 offices across the globe, AEW has on-the-ground expertise where and when you need it.
North America
$39.8bn
€34.8bn AUM
270+ Employees
3 Offices
Boston
Los Angeles
Denver
Europe
$40bn
€34.9bn AUM
500+ Employees
11 Offices
Paris
London
Amsterdam
Düsseldorf
Frankfurt
Luxembourg
Madrid
Milan
Munich
Prague
Warsaw
Asia Pacific
$3.9bn
€3.5bn AUM
35+ Employees
5 Offices
Hong Kong
Singapore
Seoul
Sydney
Tokyo
One of the largest real estate investment managers is sourced by “2026 IREI.Q Real Estate Managers Guide”. The Guide, published annually by Institutional Real Estate, Inc., ranks real estate managers based on the gross value of real estate AUM ($m) as of December 31, 2025.
Investment Capabilities
Broad Real Estate Investment Platform
AEW's mission is to be its clients' most trusted and effective advisor. We take our fiduciary responsibility seriously, and manage assets with discipline and attention to risk management. We provide access to the real estate asset class through a broad platform of separately managed accounts and open- and closed-end funds.
Return
Core/Core Plus Strategies
- Core Real Estate
- Diversified REIT Strategies
- Senior Debt
Value-Add Strategies
- Value-Added Real Estate
- Senior Housing
- Focused REIT Strategies
- Mezzanine Debt
Opportunistic Strategies
- Opportunistic Real Estate
- Long/Short REIT Strategies
Risk
For illustrative purposes only. There is no guarantee the strategies will achieve their risk or return objectives.
AEW Research & Insights
AEW Research has a team of dedicated economists in North America, Europe and Asia Pacific providing fundamental support to our investment professionals around the globe. Our research based approach is integrated at every level of the investment decision-making process.
Growth is Fundamental
August 2026
Looking Through the Noise: Conviction Returning?
August 2026
As geopolitical uncertainty and higher-for-longer interest rates persist, investors across Asia Pacific are increasingly focusing on fundamentals to identify resilient income and selective opportunities.
Read More
Positive Outlook for Prime Offices Despite Elevated Lease Incentives
July 2026
Over the next five years, office-based employment growth in Europe is expected to slow as the working-age population declines, partly offset by continued urbanisation. AI’s impact remains uncertain: US data is inconclusive, while initial European data points to weaker hiring by tech companies. In the short term, adoption will be constrained by high costs, limited data-centre capacity and sovereignty concerns. Office vacancy rates are expected to fall from a peak of 9% in mid-2026 to 7% by 2030, supported by limited new supply and office conversions. Prime rents are forecast to grow by 3.9% p.a. between 2026 and 2030, although incentives remain high, particularly in peripheral Paris and London markets. Transaction activity has slowed due to higher financing costs and wider bid-ask spreads, but liquidity could recover in H2 2026 if the peace process progresses. Valuations remain bifurcated, with high-quality offices outperforming structurally challenged assets. Overall, total returns are expected to reach 10% p.a. across the 63 covered European markets.
Read More
RESILIENCE
AEW is committed to being environmentally and socially responsible. Taking mindful care of the environment where we work, live and play is critical to maintaining a sustainable planet.
Reduce Energy
Reduce carbon emission and water usage through conscientious management and innovative practices.
Create Healthy Work Environments
Stimulate productivity and promote sustainable work spaces for our employees and our tenants.
Raise Awareness
Communicate our sound environmental practices to employees, partners, investors and tenants.
Allocate Resources
Eliminate risk and lower operating expenses to increase the efficiency and long-term value of our properties.
Corporate Citizenship
Support the causes of the communities in which we work and operate by volunteering our time, offering our expertise and providing financial assistance on a personal and corporate level.