2Q 2025 L&B Webinar Video: Are We There Yet? From Pandemic Distortions to Recovery

On the call, the L&B investment team discussed the discounted valuations of listed real estate and the ongoing inflection in REIT earnings and NOI growth driven by declining levels of new supply. The team highlighted favored sectors and those they are short or avoiding in addition to reviewing Q2 2025 performance, current portfolio positioning, and top investments.