T
he Janus Henderson Global Real Estate Fund and the FTSE EPRA Nareit Global Index both delivered strong returns, with the former at 15.80% and the latter at 16.29%. CBRE Group's performance stood out as a significant contributor to the fund's success, while Lineage, a temperature-controlled warehouse REIT, was a notable drag on results.

    Looking ahead, we expect public REITs to drive recovery in the sector, thanks to their exposure to well-positioned real estate segments, lower leverage, and access to capital at favorable costs. This positions them for growth as the market continues to recover.