Very Good News For REIT Investors
Blackstone(BX) Seeking Alpha·2024-07-13 11:45
DNY59 The real estate investment trust, or REIT, sector enjoyed some very good news over the past month, and it leads us to believe that the window of opportunity could be closing soon. Firstly, many central banks started to cut interest rates. Canada, the Eurozone, Switzerland, Hungary, Sweden, and the Czech Republic have already cut their rates, and England is expected to follow with its first cut in August. I think that this is a strong signal for what to expect in the US as well. The Fed will likely ...