Even for investors who have significant resources and a higher tolerance for illiquidity, listed real estate can offer benefits beyond those found in private equity real estate. For more than three decades, REITs have provided an attractive intersection of benefits to those seeking commercial real estate investments. A performance advantage over private equity real estate (PERE) funds, now documented by rigorous academic research, simply underscores the opportunity for all investors, according to Virtus. A recent article in the Journal of Portfolio Management delivered important findings for investors who maintain an allocation to real assets.