Earnings Preview: A REIT Revival?

Real estate earnings season kicks into gear this week. The Equity REIT Index has gained 14.0% since the start of earnings season in mid-April. REITs enter this earnings season with upside momentum after a dismal two-year stretch of underperformance. The real estate sector has the most to gain from Fed rate cuts.

Weekly Report: what happened at NRO last week (0715-0719)?

Certainly Uncertain

U.S. Equity markets posted their worst week since April. The tech-heavy Nasdaq 100 slid 4% on the week. Real estate equities led for a second-straight week, lifted by a strong start to REIT and homebuilder earnings season. "certainly uncertain" was the theme across economic reports this week as the Fed entered its "quiet period"

Weekly Report: what happened at NRO last week (0708-0712)?

REITs Rip As Rates Retreat

Weekly Report: what happened at NRO last week (0701-0705)?

A Fragile Facade

RFI: A Great Real Estate CEF, But Low Yield Compared To Peers And Very Expensive

Cohen & Steers Total Return Realty Fund offers exposure to the real estate sector with an attractive yield. The fund's 8.37% yield provides higher income than the index, but it is lower than most of its peers. Fund's portfolio avoids the troubled commercial office sector.

Neuberger Berman Real Estate Securities Income Fund declares $0.0312 dividend

Neuberger Berman Real Estate Securities Income Fund Inc (NRO), XNROX declares $0.0312 dividend Jul. 31. Forward yield 11.13% Payable July 31; to shareholders of record July 15; ex-div July 15.

Weekly Report: what happened at NRO last week (0624-0628)?

Debate Debacle

U.S. Equity markets were little changed this week while long-term benchmark interest rates surged. The S&P 500 posted fractional declines on the week, but held on to impressive first-half returns of over 15%. Real estate equities posted a relatively strong week as investors rotated into beaten-down value stocks ahead of the Fed pivot towards rate cuts expected later this quarter. A disastrous debate performance by President Biden led to a slowdown in consumer spending and inflation. Crude oil prices rose 1% this week.

Press Release: NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Weekly Report: what happened at NRO last week (0617-0621)?

Consumer Shows Stress

Why More Rate Cuts May Be Needed To Help Lift REITs

MoneyTalk’s Greg Bonnell speaks with Sam Damiani, Director for Equity Research at TD Cowen. The recent interest rate cut by the Bank of Canada appears to have done little to lift the outlook for Canadian REITs. Damiani says more rate cuts may be needed to help lift the REIT market.

Chip Fabs, Data Centers Propping Up Construction

Weekly Report: what happened at NRO last week (0610-0614)?

A Critical Cooldown

Divine And Duffy Of U.S. News On Real Estate And REITs Outlook

The Interplay Between Cap Rates And Interest Rates

Home Real Estate Analysis The Interplay Between Cap Rates And Interest Rates is a cornerstone of real estate investment analysis. The relationship between capitalization rates and interest rates is more nuanced than first meets the eye. Cap rates measure the ratio of a property's net operating income to its purchase price. While nominal interest rates have an impact on real estate values, they do not have the same effect on cap rates.