Commercial real estate seemed poised for a rebound, but 2025 has revealed a new reality of structural uncertainty – and the success is now driven by disciplined execution, strategic agility, and deep expertise – not market momentum, according to PIMCO in its 2025 Real Estate Outlook: Bend, Not Break: Investing in Real Estate Amid Economic Uncertainty.
The 2025 commercial real estate landscape is defined by structural uncertainty stemming from geopolitical tensions, persistent inflation, and unpredictable interest rates. Traditional broad sector strategies are falling short, prompting investors to focus on assets that can deliver stable income even in stagnant markets. Sectors like digital infrastructure, multifamily housing, student accommodation, logistics, and necessity retail stand out for their resilience.
In Asia Pacific, capital is gravitating toward stable, transparent markets such as Japan, Singapore, and Australia. Logistics demand is rising in E
