Douglas Emmett: Attractively Valued Before Fed Policy Normalization (Rating Upgrade)

dszc/E+ via Getty Images Introduction Douglas Emmett, Inc. (NYSE:DEI) has performed in line with the Vanguard Real Estate Index Fund ETF Shares (VNQ) so far in 2024, delivering a ~12.7% total return against the ~12.3% gain for the benchmark ETF: ● EGI State Fu ex A -11- es DEI vs VNQ in 2024 (Seeking Alpha) I also covered the shares back in May 2024 with a neutral rating as I liked the REIT's multifamily exposure but was weary of its dominant office portfolio. While office fundamentals remain challenging mu ...