TAREX – Fund Analysis – Third Avenue Real Estate Value Instl | Morningstar

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Will TAREX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TAREX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the TAREX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of TAREX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A differentiated approach to global real estate investing.

Associate Analyst Mary Marshall

Mary Marshall

Associate Analyst

Summary

Third Avenue Real Estate Value’s practiced comanagers lead this strategy through a contrarian approach to build a concentrated portfolio that is differentiated from its peers.

by Mary Marshall

Rated on Apr 25, 2026 Published on Apr 25, 2026

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