REITs Become Move in Ready
PGIM Real Estate explores the commercial real estate outlook for 2024.
With inflation subsiding and central banks opening the door to a policy shift, global markets entered 2024 on a more optimistic note but remain cautious about the challenges that may still arise. Higher interest rates, slower growth worldwide and geopolitical turmoil leave a cloud of uncertainty over the outlook. But investors who look beyond the current cycle will find attractive long-term opportunities across asset classes. To help investors navigate this environment, PGIM brings together the following perspectives from its affiliates.
While immediate concerns attract a lot of attention in a business that keeps score daily, effective long-term perspective requires insight into the ways our ever-changing world affects portfolio construction over time. PGIM President and CEO David Hunt shares an institutional investing update based on the three biggest themes that emerged from his recent conversations with CIOs around the world.
As earnings trends reveal evidence of a slowing economy, Jennison Associates explains how to find companies positioned to sustain their growth trajectories even as broader conditions deteriorate. Learn about the secular trends the team is targeting at the year’s outset.
While fear of a U.S. recession increasingly appears unfounded, global economic conditions remain uneven. In its first-quarter outlook, the PGIM Quantitative Solutions team shares insights by asset class and region as it outlines its approach amid mixed-market conditions.
Just as rising rates tend to be unkind to REITs, notable upside typically emerges after rate-hiking cycles end. PGIM Real Estate’s first-quarter outlook highlights historical parallels surrounding interest rates and other market factors aligned in support of a lasting REIT resurgence.
PGIM asset managers share insights on matters of market-moving importance in this ongoing Q&A series.
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