Macro and capital markets, Research, Sector outlooks

ISA Outlook 2025

November 13, 2024
  • Almost three years after interest rates began to spike leading into the Great Tightening Cycle, the first light of a new real estate cycle is clearly visible on the horizon. As with the start of every new day, however, opportunities and challenges lie ahead. LaSalle’s Research and Strategy team will examine both throughout the course of November and December, as we publish four separate chapters, one covering our global outlook, and three deep-dives covering the outlook for Europe, North America and Asia Pacific. Each chapter can be found alongside an accompanying video conversations with lead authors on the links below.

    Chapters

    In the Global chapter of ISA Outlook 2025, we look at how to make the most of this new dawn and the opportunities it may present, but with a watchful eye on ways the new day could go off track. We examine these through four broad themes in this year’s report: the morning sky, the capital stack hangover, the breakfast menu, and the early bird.

    We examine each of these concepts in turn, and ask what each means for real estate and they intersect with one another and other key trends.

    The Global chapter will be published on November 19.

    Authors

    Brian Klinksiek

    Global Head of Research and Strategy

    Gorab Eduardo
    Eduardo Gorab

    Managing Director, Global Research and Strategy

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    Authors

    Daniel Mahoney

    Europe Head of Research and Strategy

    Blazkova Petra
    Petra Blazkova

    Europe Head of Core and Core-plus Research and Strategy

    Dominic J Silman
    Dominic Silman, PhD

    Europe Head of Debt and Value-add Capital Research and Strategy

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    Authors

    Rich Kleinman of LaSalle Investment Management
    Richard Kleinman

    Americas Head of Research and Strategy

    Langstaff Chris
    Chris Langstaff

    Canada Head of Research and Strategy

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    Authors

    Tse Elysia
    Elysia Tse

    Asia Pacific Head of Research and Strategy

    Dennis Wong

    Senior Strategist, Asia Pacific Research and Strategy

    a headshot picture of Wayne Qin, Research Strategist for LaSalle Investment Management
    Wayne Qin

    Vice President, Strategist

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    Published every year since 1993, LaSalle’s annual ISA Outlook is designed to help our clients and partners navigate the year ahead. It brings together smart perspectives and investment ideas from our teams around the world, based on what we see across our more than 1,200 assets that span geographies, property types and risk profiles.

    As always, we welcome your feedback. If you have any questions, comments or would like to learn more,
    please get in touch by using our Contact Us page.