Janus Henderson Global Real Estate Fund Q4 2025 Commentary

Janus Henderson Investors3.61K FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe Fund returned -0.23% and the FTSE EPRA/NAREIT Global TR Index returned -0.53%.Hotel group Marriott International was the top individual contributor to relative performance, while office landlord Highwoods Properties was the top detractor.While the macroeconomic outlook remains uncertain, property fundamentals remain healthy across most real estate sectors. cherdchai chawienghong/iStock via Getty Images Investment environment Global equity markets rose during the fourth quarter, as the Federal Reserve (Fed) loosened monetary policy and strength in broader earnings helped offset concerns about softening labor markets. News of a one-year U.S./China trade deal cheered This article was written byJanus Henderson Investors3.61K FollowersFollowJanus Henderson Investors exists to help clients achieve their long-term financial goals. Formed in 2017 from the merger between Janus Capital Group and Henderson Global Investors, we are committed to adding value through active management. For us, active is more than our investment approach – it is the way we translate ideas into action, how we communicate our views and the partnerships we build in order to create the best outcomes for clients. While our investment managers have the flexibility to follow approaches best suited to their areas of expertise, overall our people come together as a team. This is reflected in our Knowledge. Shared ethos, which informs the dialogue across the business and drives our commitment to empowering clients to make better investment and business decisions.www.janushenderson.com