Most of the countries across Europe are now beginning to show meaningful value increases. In Asia Pacific, Australia has stabilized while Japan and Korea moderate. In the Americas, U.s. values are trending up but values in Canada are still adjusting downward. Source: MSCl Global Quarterly Property Index (Q3 2025 data as of 5 Dec 2025 data release); Nuveen Real Estate Research OPINION PIECE. PLEASE SEE IMPORTANT DISCLOSURES IN THE ENDNOTES.
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