PGZ News and Press, Principal Real Estate Income Fund of Beneficial Interest From 06/04/23

2023-06-04 09:00:00 ET Summary U.S. equity markets rebounded this week as a critical slate of employment data provided evidence of a 'soft' economic landing, showing stronger-than-expected job growth combined with a cooldown in wage pressures. Closing the week at its highs for the...

2023-06-01 09:00:26 ET Summary Rates Up, REITs Down? Whether fundamentally justified or not, commercial and residential real estate markets continue to bear the brunt of the Federal Reserve's historically swift monetary tightening cycle. Commercial real estate, in particular, has ...

PRINCIPAL REAL ESTATE INCOME FUND PR Newswire Principal Real Estate Fund Announces Notification of Sources of Distribution DENVER , May 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid ...

2023-05-29 09:00:00 ET Summary U.S. equity markets hovered around nine-month highs this past week as surprisingly solid economic data and earnings reports offset pressures from hawkish central bank rhetoric and a debt ceiling stalemate. Posting its highest end-of-week close since ...

2023-05-21 09:00:00 ET Summary U.S. equity markets climbed to nine-month highs this week as investors weighed signs of progress on debt-ceiling negotiations and solid economic data against a continued drumbeat of hawkish Fed commentary. Snapping a two-week losing streak and climbi...

2023-05-19 09:00:00 ET Summary The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a we...

2023-05-14 09:00:00 ET Summary U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt ceiling standoff. Declining for a second week after...

2023-04-25 10:00:00 ET Summary Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. This report discusses the major high-level themes and metrics we'll...

2023-03-21 08:37:15 ET Summary The Principal Real Estate Income Fund is a closed end fund focused on fixed income. PGZ has a significant amount of mezz CMBS collateral. Regional banks are an important source of CRE loans, accounting for around 80% of the market. With many ...

2023-03-19 09:00:00 ET Summary U.S. equity markets oscillated forcefully while interest rates plunged this week as contagion from a pair of mid-sized bank collapses spread to other lenders while authorities scrambled to contain the fallout. On brand with the "March Madness" theme ...