Nuveen Global Cities Private Real Estate Fund

Fund Overview

Private markets real estate have the potential to strengthen portfolios by long-term capital growth through high-quality, diversified assets. Its global scale provides an attractive target market in terms of size and investment opportunities, with compelling economic fundamentals and lower correlation to equity markets than traditional public market REITs. By accessing private global real estate opportunities and specialised sectors, investors could benefit from a hedge against inflation and a buffer during market stress.

The Nuveen Global Cities Private Real Estate Fund provides Australian wholesale investors access to Nuveen’s global cities real estate strategy via the Nuveen Global Cities REIT, Inc (Underlying REIT). The Fund’s investment objective, via its investment in the Underlying REIT, is to provide regular cash distributions by targeting institutional-quality, stabilised commercial real estate to achieve attractive distribution yields. The Underlying REIT seeks to preserve investors’ capital while realising appreciation through proactive investment and asset management.

The strategy targets high-quality, income-producing real estate across leading cities in North America, Europe and Asia Pacific. The global cities strategy team is focused on high-conviction investing, maintaining discipline, and playing offence. In this way, the team aims to capitalise on relative value opportunities while managing risk. By targeting commercial real estate in only the top two percent of cities identified by the research team, the strategy seeks to create portfolios well-positioned for demographic and structural megatrends.

Underlying Fund features

  • Access to a large, resilient and attractive addressable market
  • Access to a disciplined and rigorous investment approach
  • Global sector and regional diversification, with a strategic allocation to top-performing sectors of the market
  • One of the top five real estate investment managers globally, with over 90 years of experience[1]

[1] Top 5 real estate manager globally based on Pensions & Investments Real Estate Managers Special Report, November 2025. Years of real estate investing experience as of 31 Dec 2025.

Quick Links

Fund Facts

  • APIR: CHN3667AU
  • Unit Valuation: Monthly
  • Distributions: Monthly (when available)

How to Invest

Investment can be made using the Fund’s PDS or via a number of platforms, including:

  • netwealth
  • CFS
  • Mason Stevens
  • Praemium
  • AMP North

See the full range of platform availability here.

Richard Kimble, Co‑President and Lead Portfolio Manager at Nuveen

“Our strategy is focused on providing global and sector diversification by targeting commercial real estate in the cities we believe are best positioned to benefit from demographic and structural megatrends.”

Richard Kimble, Co‑President and Lead Portfolio Manager at Nuveen

Level 17, 90 Collins Street
Melbourne 3000
T: 03 9654 3015
F: 03 9662 3304

ABN 35 600 756 241
AFSL 462 065

Unifying excellence in asset management