WRE News and Press, Washington Real Estate Investment Trust From 06/19/21

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

elxeneize/iStock via Getty Images Washington REIT (WRE) stock drops 4.0% as Raymond James analyst William Crow downgrades Washington REIT (WRE) to Market Perform from Outperform. With the REIT selling its office portfolio faster than Crow expected for $766M, WRE's foc...

Over the past twelve months, there has been close to $50 billion of closed or announced M&A (mergers & acquisitions) deals in the REIT sector. That includes three privately funded transactions and four REIT buyers. We believe we’re in the early innings as it relates...

t_kimura/E+ via Getty Images WashREIT (WRE) agrees to sell substantially all of its office portfolio to Brookfield Asset Management (BAM) private real estate fund for $766M, furthering its strategy to focus on multifamily properties. The office portfolio sale consists of 12 office assets, com...

Providing significant capital to deploy into growing multifamily portfolio Planning expanded geographic focus into the Southeast WASHINGTON, June 15, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE) (“WashREIT” or the “Company”), as part of its mul...

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

Vaccines are here, masks are off, and sports stadiums are full. Office desks around the country remain eerily empty, however, as office utilization rates remain a fraction of pre-COVID levels. For many corporations, there's no going back - at least not to pre-COVID norms. Survey data ...

U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...