Tho' the fundamentals are not particularly good at Cromwell European REIT, this REIT unit price has been rising in the last 2 weeks. Rate cut effects truly 'masks' mkt movements.... till the dividend payout is filed for FY24.
Generally, all sectors would benefit, the difference is to which extent. Of course, every investor would want to catch the instrument that will benefit frim the most returns. And after all, this is what a rate cut is all abt... bringing back economic growth.
Financing cost won't be dropping so fast. Many REITs signed their financing packages when intetest rates were almost zero pre-covid. Today, interest rates are at 40-yr high (referring to Fed rates). Interest rates may be reduced soon BUT will not return to pre-covid levels. Hence, when REITs refinance their loans in the near future, they will still be subjected to higher rates compared to their pre-covid arrangements. Does the above make sense ?
Good morning all. Lots of talk... but all are abt the same matter...
Plummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates
Federal Reserve officials start the year with a problem they would ordinarily love to have: Inflation has fallen much faster than expected.It does, nonetheless, pose a conundrum. The reason: If inflation has sustainably returned to the Fed's 2% target, then real rates -- nominal rates adjusted for inflation -- have risen and might be restricting economic activity too much. This means the Fed needs to cut interest rates. The question is, when and by how much?
Hospitality REITs ? RevPAR and SR Rental to rise further ?
China, Singapore to Implement 30-Day Visa-Free Policy From Feb. 9
BEIJING, Jan 25 (Reuters) - China and Singapore signed an agreement on mutual visa exemption on Thursday, with effect from Feb. 9, Chinese state television CCTV reported.
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 24):Suntec REIT has reported a distribution per unit (DPU) of 7.135 cents for the FY2023 ende