2024-07-25 10:40:00 ET
Summary
- We are pleased to provide you with the Third Avenue Real Estate Value Fund’s report for the quarter ended June 30, 2024.
- Although the Fund has outperformed its benchmark so far this year, Fund Management continues to believe the strategy’s long-term results are the most relevant gauge of performance.
- The Fund also added to its investment in the common stock of Prologis during the quarter.
Dear Fellow Shareholders,
We are pleased to provide you with the Third Avenue Real Estate Value Fund's (the "Fund") report for the quarter ended June 30, 2024. For the first half of the calendar year, the Fund generated a return of -1.66% (after fees) versus -3.17% (before fees) for the Fund's most relevant benchmark, the FTSE EPRA NAREIT Developed Index[1]....
Read the full article on Seeking Alpha
For further details see:
Third Avenue Real Estate Value Fund Q2 2024 Commentary