👉 Baron Real Estate Fund rose 3.61% in Q2 2025
👉 The fund outperformed the MSCI US REIT Index and MSCI Real Estate Index
👉 The fund sold its position in Extra Space Storage Inc. (NYSE:EXR) due to concerns about self-storage demand and market rents
👉 The fund is long-term bullish on self-storage real estate but views current share price valuations as fair