MRP - REITs Signal Their Self-Valuation With Capital Activity
2025-10-12 09:47:52 ET
2025 capital raising has been surprisingly rational among REITs. Specifically, we note 3 areas in which the activity makes sense:
- Issuance of equity when stock is overvalued
- Minimal issuance of equity when stock is undervalued
- Capturing low cost debt as it becomes available