Core real estate continues to demonstrate resilience amid market uncertainty. Supported by long-term leases, diversified income streams and a slower mark-to-market pricing cycle, the asset class has historically provided a degree of protection during economic downturns. In this interview, Richard Kleinman, head of research and strategy and co-CIO for the Americas at LaSalle, discusses why core real estate stands out compared to other asset classes. He also explores sector-specific risks tied to tariffs, how different property types are being affected and where investors may find the greatest stability.
What characteristics make core real estate more resilient than other asset classes?
There are a few characteristics of core real estate that help provide insulation during market volatility. The first one is the source of the underlying cash flows: a diversified core real estate portfolio will have a mix of long-term and shorter-term contractual cash flo
