3dotsad/iStock via Getty Images Real estate stocks soared this week after inflation data increased bets in favor of a Federal Reserve rate cut in September, while the earnings season kicked off on a positive note for the markets. The stocks saw the biggest jump among all the S&P 500 sectors,Continue Reading
adamkaz/E+ via Getty Images Seeking Alpha’s Quant Rating system rates Host Hotels & Resorts (HST), Realty Income (O) and Kimco Realty (KIM) as top picks among the S&P 500 real estate stocks ahead of the Q2 earnings season. Quant assigns grades according to quantitative measures, like valuation, earnings growth andContinue Reading
Bonnie Cash/Getty Images News The commercial property sector will likely remain stressed for years, Federal Reserve Chair Jerome Powell told the Senate Banking Committee on the first day of his semi-annual testimony to Congress. “It is a risk that has been with us and will be with us for someContinue Reading
Fiera Comox Partners, an affiliate of Fiera Capital (TSX:FSZ:CA), on Tuesday announced the signing of an agreement to enter a newly established joint venture with Ngāi Tahu Holdings relating to Ngāi Tahu’s forestry estate on the West Coast of New Zealand, South Island. Fiera Comox will acquire an 85% interestContinue Reading
ArLawKa AungTun/iStock via Getty Images Large real estate stocks kicked off the second half of 2024 with a marginal weekly loss despite the optimism surrounding rate cuts, as the state of the sector weighed on sentiment. S&P 500 advanced 1.95% from last week, with the labor market data supporting theContinue Reading
Maxiphoto/iStock via Getty Images The Real Estate Select Sector SPDR Fund ETF (NYSEARCA:XLRE) fell 2.83% in Q2 on the back of a weak April, while the broader S&P 500 index gained 4.1%. The fund saw a pullback in April as market participants significantly dialed back their interest rate cut expectationsContinue Reading
Ljubljana, Slovenia, June 28th, 2024, Chainwire RWA tokenization protocol, Blocksquare, today announced the release of its Oceanpoint v0.5 launchpad, introducing Marketplace Pools for community supported, decentralized real estate real investment and tokenization. The launchpad update offers a streamlined process to garner funding in tokenized real estate investment for marketplace operatorsContinue Reading
Rmcarvalho/iStock via Getty Images Canadian diversified REIT Pro Real Estate Investment Trust (TSX:PRV.UN:CA) said on Thursday that it has closed the sale of three properties for $13.5M. The sale includes $7.0M worth of two non-core retail properties and a $6.5M flex industrial property. The properties total about 57,500 sq. ft.Continue Reading
Middlefield, the manager of Middlefield Global Real Asset Fund, on Tuesday announced that Real Asset intends to merge into Real Estate Split (TSX:RS:CA), a split share corporation founded in 2020. The investment objectives of Real Estate Split are to provide holders of Class A shares with non-cumulative monthly cash distributionsContinue Reading
izusek Real estate stocks edged down in the week ended June 21 after a mixed economic data and the latest housing market update, while the major market averages gained marginally. The Real Estate Select Sector SPDR Fund ETF (NYSEARCA:XLRE) ended the holiday-shortened week 0.13% lower at $38.48. The fund postedContinue Reading
