LOCATION MATTERS
Despite heightened global uncertainty, distinct opportunities continue to emerge around the world.
In PGIM Real Estate’s 2025 Regional Outlook spotlights, our Investment Research team expands on the recently released 2025 Global Outlook publication, with 5 new in-depth reports that articulate our investment outlooks across the United States, Europe, Asia Pacific and Mexico, as well as the private real estate credit markets globally.
UNITED STATES
U.S. real estate is well-positioned for a value recovery under many economic scenarios after a significant value correction.
EUROPE
Europe’s real estate recovery story remains intact – with total returns picking up, driven by rising rents and falling borrowing costs.
ASIA PACIFIC
The outlook remains one of an improving income-driven returns outlook, as occupier demand remains resilient with limited supply pipeline
MEXICO
Mexico emerges with a compelling long-term structural story.
PRIVATE CRE CREDIT
Elevated yields, strong credit fundamentals and an improving real estate market continue to provide attractive investment prospects for private credit.
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The views expressed herein are those of PGIM investment professionals at the time the comments were made, may not be reflective of their current opinions, and are subject to change without notice. Neither the information contained herein nor any opinion expressed shall be construed to constitute investment advice or an offer to sell or a solicitation to buy any securities mentioned herein. Neither PFI, its affiliates, nor their licensed sales professionals render tax or legal advice. Clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation. Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information; nor do we make any express or implied warranties or representations as to the completeness or accuracy.
Any projections or forecasts presented herein are subject to change without notice. Actual data will vary and may not be reflected here. Projections and forecasts are subject to high levels of uncertainty. Accordingly, any projections or forecasts should be viewed as merely representative of a broad range of possible outcomes. Projections or forecasts are estimated based on assumptions, subject to significant revision, and may change materially as economic and market conditions change.
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