Global Real Estate Intelligence
Principal Asset ManagementReport

2025 Inside Real Estate Outlook: Poised for Growth

Principal viewed real estate values as largely adjusted for the cycle, with debt among its highest conviction strategies and structurally-driven sectors such as data centers, logistics and residential well positioned for 2025.

Capital MarketsOfficeIndustrial & LogisticsData CentersMultifamilyU.S. NationalGlobal
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2026 Inside Real Estate Outlook: A Cycle for Selectivity

Principal characterized the CRE cycle as having moved into recovery with returns diverging sharply across sectors, regions and strategies, signaling an alpha-driven environment requiring careful asset and market selection.

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2025 Mid-Year Update: Inside Real Estate Outlook

Principal reported commercial real estate in its strongest position in three years, with private-market pricing likely having reached its trough and operating income supporting an investment performance rebound.

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