IPO - TIAA REAL ESTATE ACCOUNT

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Form Type: S-1

Filing Date: 2025-03-07

Corporate Action: Ipo

Type: New

Accession Number: 000162828025011163

Filing Summary: The document filed by TIAA Real Estate Account details its registration statement under the Securities Act of 1933, indicating the offering of a tax-deferred variable annuity option. It highlights the Account’s investment strategy focusing on real estate and real estate-related investments, with the goal of generating favorable total returns through rental income and appreciation. As of December 31, 2024, the Account had net assets totaling $22.5 billion, with a significant portion invested in direct real estate. The document outlines the risks involved in such investments, the expected expense deductions, and the potential impacts of economic conditions on performance. It emphasizes that the investment is not government-insured, and investors should be aware of the risks before investing. The Account also provides mechanisms for investor liquidity and management.

Document Link: View Document

Additional details:

Cik: 0000869180


Approximate Date Of Commencement Of Proposed Sale: As soon as practicable after the effective date of the registration statement


Investment Objective: The Account seeks to generate favorable total returns primarily through the rental income and appreciation of a diversified portfolio of directly held, private real estate investments and real estate–related investments while offering investors guaranteed, daily liquidity.


Estimated Annual Expense Deductions: ______%


Net Assets: $22.5 billion


Real Estate Investments: 181 real estate investments, representing 84.8% of the Account’s total investments


Loan To Value Ratio: 18.6%


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