RWX News and Press, SPDR DJ Wilshire Intl Real Estate From 10/13/22

Summary Cell Tower REITs have been slammed harder than any property sector over the past three months, weighed down by tech-related weakness and disruptive threats to the long-term competitive positioning. Concerns over emerging - and potentially competing - satellite technologies...

Summary U.S. equity markets and bond markets slid this week - deepening a historic year-long rout - as Federal Reserve officials doubled down on hawkish rhetoric despite increasingly-apparent tremors of market instability. Closing the month and quarter at the lowest levels in two ...

Summary With Hurricane Ian making landfall as a destructive Category 4 storm on the Southwest Florida coast this week, we examine the expected impact on manufactured housing REITs. The storm took a similar path as Hurricane Irma in 2017, but Ian's storm surge and wind impacts appe...

Summary We believe it is unlikely that Fed Chair Jerome Powell will navigate a pivot to a less-hawkish stance before early in 2023. We expect China to grow at a meager 2%-3% pace in 2022, with the potential for these risks to bleed into 2023, as a slowing developed-market consumer...

Summary U.S. equity and bond markets plunged to the lowest levels of the year this past week after the Federal Reserve reiterated that further economic "pain" was necessary to cool inflation. Declining in five of the past six weeks and effectively erasing all of the benchmark's ga...

Summary Industrial REITs- a perennial performance leader since 2015- have been slammed this year despite delivering stellar operating performance with demand for well-located logistics space continuing to outstrip supply. Just as valuations were recovering from the Amazon-related ...

Summary U.S. equity markets posted their worst week since June after CPI data showed an unexpected acceleration in headline inflation, likely keeping the Fed on course to further tighten monetary policy. Declining in four-of-the-past five weeks and effectively erasing its summer r...

Summary The lone property sector in positive-territory this year, Casino REITs have defied macro headwinds much like their traditional net lease peers, benefiting from an upward valuation re-rating and institutional acceptance. Casino REITs have become a favorite for investors see...

Summary One of the more "bond-like" and rate-sensitive REIT sectors, net lease REITs have surprisingly been among the best-performing property sectors this year despite the challenging rising-rate environment. Even with rent growth significantly lagging inflation, net lease REITs ...

Summary U.S. equity markets snapped a three-week skid with broad-based gains this week as domestic inflation expectations receded sharply amid a further deterioration in the demand outlook for Europe and Asia. Rebounding after a three-week selloff that had erased much of the late-...