Get a clear overview of how to access global property exposure through Morgan Stanley while keeping flexibility as an investor in the United States.

You will learn what you are buying: units or shares in funds, not direct ownership of buildings. This helps set expectations about liquidity, reporting, and value.

Performance is shown NAV to NAV, net of fees. Past returns do not guarantee future results. Note that fees, commissions, and share-class differences can affect outcomes.

This section outlines services, market navigation, financing and liquidity considerations, and how professional management complements your value investments.

You’ll also find practical compliance notes for U.S. residents, where to get official fund documents, and steps to review suitability with your advisor.

Key Takeaways

  • Financing can help access real estate exposure while maintaining portfolio flexibility.
  • You buy fund units or shares, not the underlying buildings.
  • Performance data is NAV to NAV, net of fees; past results aren’t a promise.
  • Service overview covers markets, management, sustainability, fees, and risks.
  • Verify availability and professionals for U.S. investors before committing capital.

Service Overview: Financing Solutions for Global Real Estate Exposure

A clear financing framework helps you add global property exposure through regulated funds rather than direct ownership. The platform combines institutional research, execution, and portfolio construction to fit your objectives across regions and asset types.

How Morgan Stanley Investment Management supports your property investment strategy

You benefit from dedicated teams that deliver product information, trading, and reporting. Review the Prospectus and KID/KIID before you apply—these documents explain fees, risks, and operational details.

Access to actively managed global real estate exposure and financing options

You access actively managed investment funds that offer diversified property exposure. Work with your advisor to explore financing that sequences capital and manages subscription and redemption timing.

What you are investing in: fund units rather than direct property holdings

Purchasing units or shares gives you exposure to holdings and valuations governed by the product documentation. You do not acquire property deeds or direct asset titles.

Aligning with your objectives while integrating sustainability characteristics

Value investments and sustainability can be combined. Many sub-funds include SFDR Article 8 characteristics in a binding way; see the SFDR page and the Registered Office in Luxembourg for free printed documents if needed.

  1. Platform experience: research, execution, portfolio construction.
  2. Fund-level financing: liquidity planning and sequencing capital.
  3. Product transparency: Prospectus, KID/KIID, NAV to NAV performance.

global-property-investments-morgan-stanley: How You Navigate Markets, Currencies, and Structures

A practical roadmap helps you align country exposure, currency strategy, and leverage limits. Start by treating the Sub‑Fund as a securities investment: you buy units or shares, not direct property titles. The sub‑fund is actively managed and is not constrained by the benchmark, so managers can make tactical shifts as markets change.

Building a diversified allocation across developed real estate markets

Diversify by region and sector to balance issuer exposures and reduce concentration. Review how equity and global equity correlations affect your broader portfolio when you add real estate securities.

Financing considerations: leverage implications and liquidity needs

Assess leverage carefully. Leverage can magnify returns and losses, so plan for margin and redemption timelines to avoid forced sales. Map liquidity against subscription and redemption cycles and use cash buffers to preserve value through currency swings and market volatility.

  • Evaluate currency exposure as a return driver and risk factor.
  • Account for trading costs and operational documentation across jurisdictions.
  • Keep a rebalancing policy to maintain target exposures without emotional decisions.

Performance, Benchmarks, and Sustainability Disclosures You Should Know

Track how returns are measured so you can compare funds and set realistic expectations.

All performance is shown NAV to NAV, net of fees. That excludes commissions on issue or redemption. YTD figures are not annualized, and results for products with under one year are not displayed. Note that performance can vary by share class and distribution policy, which affects income you receive.

Benchmarks and rating context

The blended benchmark history follows FTSE EPRA Nareit indices across dated windows. The Sub‑Fund is actively managed and not constrained by the benchmark. Index IP disclaimers apply when you cite comparative equity or estate indices.

Ratings and sustainability

Morningstar’s Risk‑Adjusted methodology weights downside variation over 3-, 5-, and 10‑year periods. Ratings can help but do not include sales loads and are not investment advice.

SFDR Article 8 classification means environmental or social characteristics are bindingly integrated. Recent corporate actions matter: a merger on 22 Nov 2024 and a rename/strategy shift on 6 Dec 2024 to MS INVF QuantActive Global Property Fund under a Parametric approach. Past performance is no guarantee of future results; prior returns reflect a different strategy.

  • Use official fund documents and index notices as your source of record.
  • Compare NAV-based returns and income across share classes when reviewing investment funds.

Risks, Fees, and U.S. Availability: Read Before You Invest

Make sure you understand the main risk drivers, the cost structure, and how U.S. rules affect access before buying or selling. This helps you set realistic expectations for any investment decisions.

risks fees expenses

Principal risks

The value of investments and income can go down as well as up. Market, equity, and currency moves can reduce fund value, and you could lose substantial amounts during stressed conditions.

Leverage amplifies gains and losses. Securities pricing and liquidity can shift quickly, so disciplined risk controls matter.

Charges and expenses

Entry Charge shown is a maximum; you may pay less depending on arrangements. Ongoing charges include management, custodian, and administration fees.

Additional expenses may apply if the fund is packaged in another product. Published performance excludes commissions when you buy or sell shares, which can lower your realized returns.

Jurisdictional and compliance notes

This page contains information for residents of the United States and is not an offer where unlawful. Services and sub‑funds may not be available in all jurisdictions.

Use FINRA BrokerCheck (1-800-289-9999 or www.FINRA.org) to verify your advisor. Distributor: morgan stanley Distribution, Inc., Member FINRA/SIPC.

Important investor information

Read the Prospectus and KID/KIID for full product details before you invest. Standard disclosures apply: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.

  • Assess principal risks, fees, and minimums for your chosen share class.
  • Confirm availability in the United States and review compliance terms.
  • Keep prospectus and KID/KIID as your primary source of official information.

Conclusion

Close by framing the practical next steps you should take when adding internationally managed property funds to your holdings.

Get documents and verify details. Obtain the Prospectus and KID/KIID so you know the fund structure, securities exposure, how performance is shown NAV to NAV, net of fees, and that past performance is no guarantee of future results.

Plan liquidity and financing, assess currency and market risks, and review team experience. Note the late‑2024 merger and rename as context for historical results. Values may increase or decrease; you buy units or shares, not direct property. NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.

FAQ

How does Morgan Stanley Real Assets support your property investment strategy?

Morgan Stanley Investment Management offers financing solutions and actively managed funds that give you exposure to global real estate markets. You gain access to professional portfolio management, research, and capital solutions designed to align with income and growth objectives while considering liquidity and leverage needs.

Are you investing directly in properties or in fund units?

You invest in fund units rather than direct property holdings. That means your exposure is to a pooled vehicle that holds real estate and related securities, with professional management handling acquisitions, leasing, and asset management on your behalf.

How can you access global real estate exposure through these products?

Access is via actively managed funds and financing arrangements that allocate across developed markets. Portfolios typically include listed real estate securities, real assets, and sometimes private property interests to build geographic and sector diversification.

What financing considerations should you weigh, including leverage and liquidity?

Financing can boost returns but raises risk. Leverage increases volatility and the chance of loss, and it may constrain liquidity when markets move. Evaluate the fund’s borrowing strategy, covenant terms, and redemption policies to match your cash needs and risk tolerance.

How is performance calculated for these funds?

Performance is usually reported NAV to NAV, net of fees, and can vary by share class. Look for total return measures that reflect income and capital changes, and confirm whether figures include withholding taxes or transaction costs.

Which benchmarks are used to assess fund performance?

Common comparators include FTSE EPRA Nareit indices and blended benchmarks. Benchmarks may change over time; review fund documents to understand the current reference and any historical changes to the blend or index methodology.

How should you interpret third-party ratings like Morningstar?

Ratings provide a risk-adjusted snapshot but have limits. They reflect historical data and methodology assumptions. Use them alongside fund facts, holdings, and manager experience to form a fuller view of suitability for your goals.

What sustainability disclosures and characteristics should you expect?

Many funds now disclose SFDR Article 8 characteristics, indicating promotion of environmental or social factors. Check the fund’s sustainability integration, binding commitments, and reporting to ensure alignment with your ESG preferences.

Have there been recent structural changes to funds you should know about?

Funds sometimes undergo mergers, name changes, or strategy transitions — for example, a shift to a Parametric approach. Review recent updates in the prospectus and shareholder communications to understand impacts on holdings, fees, and objectives.

What principal risks could cause you to lose value?

Key risks include market risk, equity volatility, currency fluctuations, leverage amplification, liquidity constraints, and sector-specific issues in real estate. You may lose substantial value, so assess risk tolerance and diversification before investing.

What charges and ongoing expenses will affect your returns?

Expect entry charges, management fees, ongoing charges, and potential performance fees. Additional costs may include financing costs and transaction fees. These reduce net returns, so compare ongoing charges and fee structures across funds.

Are these products available to U.S. residents, and what jurisdictional notes apply?

Availability varies by fund and regulatory permissions. Some share classes or funds are restricted to U.S. residents, while others are not. Confirm the fund’s registration status, offering documents, and any local compliance requirements before investing.

What important investor documents should you review before investing?

Read the prospectus, Key Information Document (KID) or KIID, and any shareholder notices. For broker-related checks, use FINRA BrokerCheck. These documents detail objectives, risks, fees, holdings, and past performance.

How can currency movements affect your investment results?

Currency shifts can increase or reduce returns when underlying assets trade in different currencies. Some funds hedge currency risk; others do not. Understand the fund’s currency policy and consider your own exposure when assessing expected returns.

Who manages these funds and what experience should you look for?

Management is provided by experienced teams within Morgan Stanley Investment Management and related real assets groups. Look for track records in global property, depth of research, and evidence of consistent governance and risk controls.

What can you expect about past performance and future results?

Past performance is not a guarantee of future results. Historical returns can inform expectations but may not predict performance under different market conditions. Consider scenario analysis and stress testing when evaluating a fund.

Where can you find detailed holdings and income information?

Fund factsheets, quarterly reports, and the prospectus provide holdings, sector weightings, and income distributions. These materials help you assess concentration, dividend yield, and exposure across markets and property types.