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Missed our recent webinar? Here’s a quick recap of the key themes, expert commentary from the Listed Real Assets team, and actionable takeaways.

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1:10 Resilience of Listed Real Assets: A Foundation for Stability

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In a year defined by macroeconomic uncertainty and geopolitical headlines, CBRE Investment Management’s experts highlighted the resilience of listed real assets. These assets—characterised by contracted, regulated cash flows—have historically delivered lower volatility and outperformance versus broader equities, especially during turbulent times.

• Earnings Growth Outlook: CBRE Investment Management projects earnings growth for listed real assets to accelerate above long-term averages, driven by powerful secular trends such as AI, clean energy, and persistent supply-demand imbalances.

• Attractive Valuations: With listed real assets trading at a ~10% discount to historical norms, the starting point for investors is compelling. Dividend yields remain robust at 3.5–4%.

• Inflation Protection: These assets have a strong track record in periods of above-average inflation, which is expected to persist, making them well-suited for income preservation and growth.

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5:00 CBRE Global Property Securities Fund: Positioning & Recent Changes

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How is CBRE Investment Management adapting portfolios to capture today’s opportunities?

• Regional Positioning: The fund is currently underweight the US and Europe, overweight the UK, market weight in Asia, and modestly underweight to Australia.

• Sector Adjustments: The team has added exposure to healthcare (notably senior housing), net lease properties, industrial, and data centres—sectors that were undervalued earlier in the year due to tariff concerns and now offer attractive entry points.

• Trimmed Exposure: Conversely, the fund has reduced exposure to hotels and residential assets, reflecting concerns about slower US inbound travel and potential cyclical slowdowns.

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8:45 CBRE Global Infrastructure Securities Fund: Positioning & Recent Changes

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Infrastructure assets are in the spotlight, driven by policy support and secular demand.

• Strong Policy Tailwinds: Europe’s significant government spending and the US’s energy and AI infrastructure boom are fuelling robust earnings growth (expected at 8–9% over the next two years).

• Targeted Exposure: The fund has increased allocations to midstream energy (natural gas pipelines, LNG export facilities) and nuclear power assets, sectors benefiting from favourable policy and surging demand from tech giants investing in AI and electrification.

• Defensive Sectors: Sometimes, “boring is beautiful.” Water utilities and toll roads, with their stable, inelastic demand can offer resilient cash flows, making them attractive in uncertain markets.

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‍Watch the webinar replay

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CBRE Investment Management remains committed to active portfolio management, harnessing cycle tailwinds, and uncovering long-term value and income potential for clients.

If you have further questions, please contact our team.

_{For professional and wholesale investors only.}