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  "documentTitle": "Public REIT sector (vs. private real estate)",
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      "text": "Listed real estate has generated a 9.9% average annual return the past 30 years, well ahead of private real estate equity at 7.0%.",
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      "text": "Public Real Estate Historical Returns Superior to Private Real Estate; Public Real Estate Has Clear Advantages Over Private Real Estate; Investors are Underweight Public Real Estate; Public Real Estate Companies Have More and Better Options for Capital Raising",
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      "text": "Source: Bloomberg, Land & Buildings; Note: Returns through 9/30/2024. Private market returns represent the NFI-ODCE...",
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