This quarterly review provides market insights, strategy activity, market outlook and portfolio positioning for the Global Property Securities strategy. Learn more.

Key Highlights 

 

  • Global property securities declined in the December quarter.
  • While property securities tend to underperform general equity markets in rising rate environments, they could still generate positive returns for investors.
  • We remain concerned about Continental Europe, where supportive central bank measures have raised property security valuations but have so far not translated to materially higher economic growth rates.
  •  

     

     

    Please click "Download PDF" for full article.