Global Real Estate Securities Commentary 2Q 2024
In the second quarter of 2024, REITs traded down more than 2%, as investors worried about the pace of interest rate cuts in a relatively strong economy.
Offering portfolios of publicly traded real estate companies to meet the needs of investors.
In the second quarter of 2024, REITs traded down more than 2%, as investors worried about the pace of interest rate cuts in a relatively strong economy.
As 'sticky' inflation data drove volatility, REITs gave back some of the strong fourth quarter 2023 outperformance during the first quarter of 2024.
In the first quarter of 2024, REITs gave back a portion of their large, fourth-quarter 2023 gains as investors worried about the pace of interest rate cuts.
Objective
Capital appreciation and income
Construction
Unconstrained, concentrated portfolio of global real estate securities
Available Vehicles
Separate Accounts
Mutual Funds*
*By clicking on this link, you are leaving pgimrealeastate.com and being directed to a new website.
Objective
Income and capital appreciation
Construction
Diversified, global portfolio of real estate securities
Available Vehicles
Separate Accounts
Mutual Funds*
*By clicking on this link, you are leaving pgimrealeastate.com and being directed to a new website.
Objective
Capital appreciation and income
Construction
Diversified, U.S. portfolio of real estate securities
Available Vehicles
Separate Accounts
Mutual Funds*
*By clicking on this link, you are leaving pgimrealeastate.com and being directed to a new website.
Objective
Income
Construction
Global portfolio of yield-oriented real estate and preferred securities
Available Vehicles
Separate Accounts
Mutual Funds*
*By clicking on this link, you are leaving pgimrealeastate.com and being directed to a new website.
*As of March 31, 2024. Gross AUM is equal to Net AUM.