About | Heitman

About Heitman

Heitman is a global real estate investment management firm with more than $49 billion in assets under management as of September 30, 2024. Founded in 1966, we have 10 offices worldwide and are an active participant in three key segments of the global real estate property and capital markets. Our collaborative investment process uses input from some who we believe to be the most experienced investment and research professionals in the industry.

VISION

A better tomorrow through investments that transform the real estate industry
MISSION

To lead the evolution of real estate through investments that fulfill the needs of people and communities in a world of constant change
VALUES

Heitman puts People First with behavior that is Always Principled and a Performance Minded culture that inspires us to be Forward Thinking

$

$49.4 billionAssets under management
(current)

50 years of heitman
Historical AUM figures are as of January 1 of the stated year.
1966

Beginning our story

Heitman is founded in Chicago and begins to originate senior and participating debt investments on behalf of life insurance companies, commercial banks, and other institutional lenders.

$ 0 Billionin assets under management

1966
1980

Establishing our private equity capabilities

Heitman becomes a Registered Investment Advisor in North America and begins providing real estate investment management services to tax-exempt institutional investors. We form our first closed-end commingled private equity fund to execute a core investment strategy in the US.

$ 0 Billionin assets under management

1980
1989

Forming our real estate securities business

We begin investing in and managing portfolios of publicly listed and traded real estate securities for institutional investors.

$ 0 Billionin assets under management

1989
1990—1995

Moving into Europe

Heitman becomes a wholly owned subsidiary of United Asset Management (UAM), and the firm acquires JMB Institutional Realty. We begin investing in European real estate, executing an opportunistic private equity strategy in Central Europe.

$ 0 Billionin assets under management

1995
1996—2000

Investing in our business

The firm's ownership is restructured, with senior Heitman professionals acquiring a 50% interest in Heitman and control over strategic, operational, and ownership decisions. Old Mutual plc, a London Stock Exchange–listed global financial services firm, acquires UAM’s 50% interest in Heitman.

$ 0 Billionin assets under management

2000
2001—2005

Expanding into Asia

We form our first closed-end, value-added commingled private equity funds in Europe and North America. We move into Asia, opening a Tokyo office to provide investment management services to institutional and individual investors in the Asia-Pacific region. We open an office in Munich to broaden our real estate securities capabilities in Europe.

$ 0 Billionin assets under management

2005
2006—2009

Extending our core competencies

We form an open-end, core commingled private equity fund in North America and begin executing regional and global real estate securities investment strategies. We begin executing real estate debt investment strategies, sourcing and structuring senior and mezzanine debt investments secured by real estate located in North America.

$ 0 Billionin assets under management

2009
2010—2016

Growing through innovation and evolution

Heitman opens offices in Melbourne, Hong Kong, and Seoul to broaden our global footprint. We create two commingled real estate debt investment funds, a closed-end Asia-Pacific commingled fund, a closed-end European commingled fund, and develop and launch two new real estate securities strategies. We expand our vehicle offerings into the 401(k) defined contribution market, create UCITS funds for individual investors in Europe, and launch our first exchange traded fund (NYSE:PRME) for those in the US.

$ 0 Billionin assets under management

2015
2018

Looking to the future

Heitman redeemed OM Asset Management plc’s ownership interest in Heitman, making the firm wholly owned and controlled by its senior officers. With over five decades of serving our clients in real estate investment, we look forward to continue serving our clients while looking forward to what’s next.

$ 0 Billionin assets under management

2024