PitchBook：2025年第三季度全球不动产报告（英文版）

Real assets observers have been kept busy through Q3 2025. Gold prices have surged. The International Energy Agency’s (IEA’s) World Energy Outlook 2025 now states that oil & gas demand will persist for longer.1 Tariffs and geopolitics have rocked the markets for critical minerals and metals, ignited a US-China showdown over agricultural commodities, and are creating new winners and losers in transportation infrastructure. And, of course, the need for powering AI computing is now well esta