Clarion Partners
Clarion Partners is one of the largest pure-play real estate investment managers offering a broad range of real estate strategies across the risk-return spectrum.
A global platform with local execution
A private market investment manager - $283 bn in private markets AUM (as of 03/31/2026).
Offices
11
Employees
364
Clarion Partner employee ownership
18%
Deep experience across sectors
Value
As of 03/31/2026. Does not represent the firm's total AUM. *
Clarion Partners Real Estate Income Fund focuses on providing individual investors with direct exposure to a high-quality portfolio of income-producing commercial real estate and real estate related securities-leveraging Clarions deep expertise in the field.
Featured Videos
Learn more about Clarion’s thematic investment approach and macro themes impacting real estate.
Five Themes Driving Commercial Real Estate
How the Multifamily Sector is Benefitting from Thematic Demand Drivers
Connect with an expert
Your Franklin Templeton Private Markets Director can share insights about investing in private real estate.
Knowledge hub
Go to knowledge hub
Clarion believes that the US commercial real estate market is embarking on a new, more nuanced cycle where differentiated performance will be driven by property type and geography.
Earn CE credit while exploring the merits of allocating to both public and private real estate, and the role they can play in a client portfolio, including generating returns, increased income, diversification and inflation hedging.
Despite the recent surge in tariffs, Clarion believes the long-term drivers that have shaped the US industrial market over the past 15+ years should continue to drive growth within the industry and past cyclical uncertainty.
* The "Alternatives" sector includes age restricted multifamily, manufactured housing, student housing, single family rental, life sciences, medical office, self storage and industrial land, parking and truck terminals. The "Other" sector includes hospitality, land and subsectors not included in any of the other categories listed above.
As of March 31, 2026. Geographic information represents GRE; compared to Firm-level GAV. Gross Asset Value (“GAV”) is the Firm's consolidated wholly owned total assets and proportionate share of joint venture total assets. In contrast to GAV, GRE excludes cash and other assets. For periods on or after 12/31/2013, Assets Under Management (“AUM”) is Gross Asset Value (“GAV”). Prior to that date, AUM is Gross Real Estate Value (“GRE”).
Important Information
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliates companies. Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE. Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
Footnotes
- Data as of 03/31/2026