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The 3 Best REITs to Buy in August 2024
CUBECubeSmart(CUBE) Investor Place·2024-08-08 19:47

In recent years, real estate investment trusts (REITs) have notably underperformed compared to broader market indices, largely due to elevated interest rates. High interest rates place significant pressure on REIT share prices for two primary reasons. Firstly, REITs often rely on debt to finance growth, and with borrowing costs rising, their interest expenses have surged. Secondly, the allure of fixed-income securities, such as Treasury bills, has increased as investors seek safer, more predictable returns ...