REITs maintain profitability as fundamentals strengthen despite rising interest rates
- 1The correlation between REITs and interest rates has hit its lowest level in approximately four years.
- 2Profit growth acceleration reached a maximum of 9% this year, showing a steady trend.
- 358 out of 98 REITs have upwardly revised their annual guidance.
So what's the key point?
The link between interest rates and REITs has weakened because REITs are earning well even as rates rise. Performance is strong, with 58 out of 98 REITs raising their profit targets for this year.
Source CNBC · View original ↗
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