Third Avenue Management Real Estate Value Fund’s Q3 2022 Investor Letter

Third Avenue Management, an investment management company based in New York City, released its “Real Estate Value Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. The fund generated a -11.44% return net of fees in the third quarter compared to a -11.39% (before expenses) return for the FTSE EPRA NAREIT Developed Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.