SRVR - Public REITs: Relative Valuations Are Attractive
2024-01-27 02:35:00 ET
Summary
- Rising interest rates have posed challenges for REIT stock prices over the last two years, leading to historically large discounts relative to broader equity markets.
- However, yields peaking has historically been a catalyst for strong REIT market outperformance, and when combined with attractive valuations, the stage looks set for a bounce-back year for REITs.
- REITs are trading at historically significant discounts relative to broader equity markets, thanks mainly to the interest rate sensitivity of the REIT market.
Rising interest rates have posed challenges for REIT stock prices over the last two years, leading to historically large discounts relative to broader equity markets. ...
Public REITs: Relative Valuations Are Attractive