Baron Real Estate Fund praises Jones Lang LaSalle for strong performance and advancements in AI.

From Yahoo Finance: 2025-05-15 07:53:00

Baron Funds released its Baron Real Estate Fund investor letter for Q1 2025, citing economic growth slowdown, inflation, and policymaking issues. The fund declined 6.69%, outperforming the MSCI Real Estate Index but trailing the REIT Index. Check the top five holdings for insights into the fund’s 2025 picks.

Jones Lang LaSalle (JLL) was highlighted in Baron Real Estate Fund’s Q1 2025 letter. JLL, a commercial real estate and investment management company, saw a one-month return of 11.80% and a 13.73% gain over 52 weeks, closing at $236.04 per share on May 14, 2025, with a market cap of $11.206 billion.

In its Q1 2025 letter, Baron Real Estate Fund praised JLL as a leading commercial real estate services firm with scale and product breadth. JLL recently reported strong Q4 earnings and advancements in AI-powered real estate solutions.

Despite its potential, JLL is not among the 30 Most Popular Stocks Among Hedge Funds. While 48 hedge fund portfolios held JLL in Q4, up from 31 in Q3, Baron Funds believes AI stocks offer higher returns in a shorter timeframe. For a promising AI stock trading at less than 5 times earnings, check out their report on an undervalued AI stock poised for massive gains.

Read more: Jones Lang LaSalle Incorporated’s (JLL) Improvements Signal Strong Valuation