In PGIM's 2026 Real Estate Outlooks, our investment research team focuses on the following themes:
- Structural demand drivers of industrial leasing remain intact, despite trade policy uncertainty.
- Capital markets continue to mature, providing an institutional buyer base for core properties. However, those buyers are proceeding cautiously now.
- Export-driven demand should boost leasing in manufacturing centers near the U.S. border. Meanwhile, e-commerce tailwinds are stoking logistics leasing in large population centers.
