Where are we in the cycle for listed REITs and how the new U.S. administration might affect REIT investment activity in the year to come are some of the issues Todd Kellenberger, client portfolio manager, real estate securities, with Principal Asset Management, tackles in an interview published in the March issues of Institutional Real Estate Americas and Institutional Real Estate Asia Pacific. In the Q&A, “Outlook for REITs in 2025,” Kellenberger says, “We believe an increase in activity is likely in 2025. Sellers will potentially come off the sidelines as private equity valuations reach a floor and debt maturities rise. Recent improvement in the cost of capital and overall capital availability for REITs puts them in a strong position to capitalize on these opportunities.” To access a pdf of the Sponsored Section, click here.
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