September, 2025
Global Listed Property Webinar – September 2025
In this webinar CIO, Andrew Parsons and Portfolio Manager, Marco Colantonio cover key developments in the Global Listed Property sector and market insights. Key outtakes include:
- Listed real estate has outperformed both direct real estate and bonds.
- The listed real estate sector has evolved significantly since Covid with Healthcare and Data Centres being much larger segments (Healthcare has grown by 50%).
- Valuations for commercial real estate have now bottomed and operating conditions are sound. The listed real estate sector is well set up to deliver earnings growth given supply levels are low.
- It’s better to buy than build. Replacement costs have increased by 30-40% since Covid making new development uneconomic.
- The UK REITs represent value given the disconnect between strong operating conditions on the ground and current pricing.
- The team is optimistic on the outlook given REITs’ strong balance sheets, leverage at historical low levels, and interest rates normalising.
Disclaimer:
Resolution Capital Limited ABN: 50 108 584 167 AFSL No. 274491. This communication was prepared by Resolution Capital Limited (“Resolution Capital”). The information in this communication is for general information purposes only. Information in communication is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication has been prepared without taking account of any person’s objectives, financial situation or needs, and because of that, reliance should not be placed on the information in this communication as the basis for making an investment, financial or other decision. Any opinions or forecasts reflect the judgment and assumptions of Resolution Capital and its representatives on the basis of information at the date of publication and may later change without notice. Any projections contained in this communication are estimates only and may not be realised in the future. Returns from investments may fluctuate and past performance is not a reliable indicator of future performance. Resolution Capital believes the information contained in this communication is reliable, however no warranty is given as to its accuracy and persons relying on this information do so at their own risk.Unauthorised use, copying, distribution, replication, posting, transmitting, publication, display, or reproduction in whole or in part of the information contained in this communication is prohibited without obtaining prior written permission from Resolution Capital Limited.
