Real Estate Fundamentals in Equilibrium Across Most Sectors, LaSalle Global CEO Says

Lisa Kaufman, global CEO and Americas portfolio manager for LaSalle Investment Management Securities, was a guest on Nareit’s REIT Report podcast, recorded in San Francisco during Nareit’s REITworld: 2018 Annual Conference.Kaufman said operating fundamentals are in equilibrium across most real estate sectors, with internal growth likely to roughly match inflation for the next couple of years.Among the outliers, however, are cell towers, where the runway for growth is “longer and better than what the market perceives,” she said.