Real Estate’s Quiet Comeback

December 9, 2025

While much of the market remains fixated on macro volatility and valuations for technology companies, private real estate has been quietly rebuilding momentum.

After a two-year reset, returns have turned positive for five consecutive quarters, supported by disciplined construction pipelines and renewed investor confidence. What’s driving it? Fundamentals.

  • Healthcare real estate, especially outpatient medical offices, continues to see demand far exceed supply, keeping vacancies at historic lows.
  • Neighborhood retail and senior housing are benefiting from demographic strength and limited new development.
  • Even abroad, European residential markets are drawing attention as structural undersupply meets steady economic growth.

Together, we believe these shifts signal that select parts of the private real estate market are entering a new phase, driven less by sentiment and more by long-term need.

We believe opportunities today favor sectors grounded in real utility and durable demand, the kind that can add stability and income potential to diversified portfolios.

Supply & Demand Vacancies for Medical Office Properties

 Note: Investing involves risk and principal loss is possible. Distributed by Foreside Funds Distributors LLC. For important information about the Fund, please click here.

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Categories: Real Assets, Infrastructure, Real Estate
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