Land & Buildings Investment Management provides discretionary investment management services to pooled investment vehicles and separately managed accounts, primarily focusing on publicly traded equity securities of real estate companies, Real Estate Investment Trusts, and real estate-intensive infrastructure. The firm employs a combination of top-down and bottom-up analysis, company research, and activist investment strategies to identify undervalued or overvalued securities. Led by Managing Principal Jonathan Litt, the firm caters primarily to institutional and high net worth investors through private funds with a $1,000,000 minimum investment, while also managing separately managed accounts.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Management fees typically range from 1.0% to 2.0% per year for funds and up to 2.0% for special investments. Performance fees of 10% to 20% of profits also apply. Separately managed account fees are negotiated on a case-by-case basis.