WRE News and Press, Washington Real Estate Investment Trust From 07/24/21

U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...

U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...

Washington Real Estate Investment Trust has historically been diversified among multiple real estate sectors. They are now completing their transition to become a pure play multifamily REIT. The sale of office and retail properties will be dilutive in the short term but will enhance t...

U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...

U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...

The management team at Washington Real Estate Investment Trust recently announced plans to divest a significant amount of its assets. This move sets the company up to focus on its multifamily properties moving forward and to invest accordingly. Despite this, shares of the business...

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

There are more than 200 REITs, and while I'm bearish on some, I'm bullish on others. It's important to cover the good and the bad of the sector. After having covered the bad news in a previous article, we today focus on the good stuff: The housing market is booming, offices are recove...

WASHINGTON, June 22, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington Metro area, will release second quarter earnings results after market close on Thursday, July 29, 2021. The conference call will be held on Fri...

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...