The Firm
Approach
Landtheory builds portfolios tailored to each client's specific circumstances. We focus exclusively on real estate & digital infrastructure investments with expertise that generalist advisors cannot match. Unlike firms that only offer preset products, we start with your objectives and then search the market for opportunities that fit. This bespoke approach means your portfolio reflects your priorities, not ours.
Real Estate
We invest in properties where fundamentals are misaligned with market sentiment. In private markets, we target smaller assets with fragmented ownership that larger institutions ignore. In public markets, we focus on sectors requiring specialized operational expertise that creates barriers to competition. This dual approach allows us to capitalize on inefficiencies in both markets while building portfolios that benefit long-term secular trends.
Digital Infrastructure
The explosion in data consumption from cloud computing, emerging AI technology, and mobile connectivity creates relentless demand for physical infrastructure. Data centers, cell towers, and fiber networks generate predictable cash flows from long-term contracts with credit-worthy tenants while benefiting from structural growth in data usage. These assets require substantial capital and technical expertise to develop, creating meaningful barriers to entry and pricing power for quality operators.
Clients
Our real estate investment offerings cater to a wide spectrum of clients, from individual investors to professional asset managers. By leveraging our expertise and resources, we empower our clients to construct resilient and well-diversified real estate portfolios that surpass the limitations of traditional private or public market investments alone
Tailored Strategies for Individual Investors
We understand the unique needs and objectives of high-net-worth individuals and family offices. Our dedicated team works closely with these clients to develop customized investment strategies that align with their financial goals, risk tolerance, and long-term aspirations. Through our carefully curated real estate investment opportunities, individual investors gain access to institutional-quality assets and benefit from our deep market insights and extensive network.
Comprehensive Solutions for Asset Managers
We provide targeted support to developers, real estate funds, and generalist investment managers who need specialized expertise without permanent hires. Our services range from direct asset management of individual properties to comprehensive portfolio strategy development. For developers, this might mean construction oversight and leasing coordination. For fund managers, we offer due diligence support and market research. For generalist advisors, we provide the real estate expertise they lack internally. This flexible model gives you access to institutional-quality capabilities precisely when and where you need them.
Principles
Six principles guide our investment decisions, ensuring we evaluate real estate & digital infrastructure opportunities based on fundamental value rather than market momentum. This disciplined framework allows us to take measured risks while building portfolios designed to perform across different market environments.
Preserve Capital First
We prioritize avoiding losses over maximizing gains. Superior long-term performance results from consistently preventing capital destruction rather than seeking the highest possible returns. Every investment decision begins with understanding what could go wrong and how to mitigate those risks.
Design for Consistency
Real estate markets move in long cycles driven by supply and demand imbalances. We focus on building portfolios that generate steady returns rather than chasing peak performance in favorable periods. Consistent moderate outperformance compounds into substantial long-term value creation.
Build for All Weather
Economic conditions change unpredictably, making market timing unreliable. Instead, we focus on assets with durable competitive advantages — prime locations, essential infrastructure, or high switching costs — that generate value across different economic environments.
Focus Beats Breadth
Staying within real estate allows us to develop deep understanding rather than cycling through sectors across the entire investable universe based on recent returns, arriving with shallow knowledge after opportunities have passed. By maintaining focus within our area of expertise, we can identify emerging trends early and understand which property types are best positioned for current market conditions.
Study Assets, Not Markets
Individual property performance depends more on location, tenant quality, and management execution than on broad economic forecasts. We concentrate on understanding these property-specific factors rather than attempting to predict unknowable interest rate movements or economic cycles.
Question Market Pessimism
When market sentiment turns negative on specific property types or geographies, we analyze whether the pessimism reflects fundamental deterioration or temporary conditions. This analysis proves especially valuable in niche strategies where limited investor participation amplifies both enthusiasm and fear, creating exaggerated price swings that reward those with specialized knowledge to distinguish between permanent impairment and short-term setbacks.
