NETL - Equity REITs' February capital offering activity falls 93.34%
2023-03-08 11:50:32 ET
- Equity REITs' February capital offering activity fell 93.34% on a yearly basis to $278M from $4.17B.
- In January, REITs had raised $4.91B in capital through 8 capital offering instruments, a report by the National Association of Real Estate Investment Trusts said .
- For February, companies issued 2 capital offering instruments in total, raising $178M through common shares and $100M through preferred shares.
- Until February-end, REITs have raised $5.19B in capital year-to-date.
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Equity REITs' February capital offering activity falls 93.34%