Baron Funds released its “Baron Real Estate Fund” third-quarter 2025 investor letter, reporting a strong appreciation of 10.25% for Institutional Shares compared to the REIT Index’s 4.49%. Download the letter for details and check the fund’s top five holdings for insights on its best picks in 2025.

Jones Lang LaSalle Incorporated (NYSE: JLL) was highlighted in Baron Real Estate Fund’s third-quarter 2025 investor letter. The stock saw a 1.46% one-month return and gained 15.54% over the last 52 weeks, closing at $308.54 per share on November 11, 2025, with a market cap of $14.561 billion.

Baron Real Estate Fund praised Jones Lang LaSalle (JLL) in its Q3 2025 letter for its positive contribution to performance, driven by a strong financial report and market position. The company is expected to benefit from structural and secular tailwinds in the commercial real estate market.

Read more at Yahoo Finance: Here’s What Lifted Jones Lang LaSalle Incorporated (JLL) in Q3