Strategy
Coventry believes that competition and change among retailers and retail real estate is constant under all market conditions and that opportunities exist to create value in assets where other owners have underperformed. Retail real estate is not a commodity product whose success or failure is primarily driven by traditional supply and demand fundamentals and, therefore, not as susceptible to the cyclical nature of other commercial real estate asset classes. Retail is an asset class of winners and losers.
Coventry’s investment strategy is focused on investing in a broad array of well-located retail and mixed-use properties that represent opportunities for significant value creation through “Active/Hands-on” Operating Expertise
- Asset re-development/re-positionings
- Joint venture ground-up development
- Portfolio acquisitions of stores and multi-tenant properties
Coventry Investment Strategies
Fund II Investments by Deal Type
Coventry believes that its singular focus on retail and mixed-use properties is a critical factor in the successful implementation of its investment strategy. Retail is a specialized asset class with success factors that are distinctive from other commercial real estate asset classes, including office, industrial, hospitality and multi-family. The successful execution of a retail investment strategy demands experience and expertise specific to the retail asset class.
