Equity REITs see a fall in proceeds from at-the-market programs during Q2 - report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2024
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Source: SeekingAlpha
Equity REITs Capital Raising: Equity REITs experienced a 29.2% year-over-year decline in proceeds from at-the-market offerings, totaling $3.36 billion in Q2, with Welltower leading by raising $1.61 billion through the sale of 16.7 million shares.
Health Care REITs Performance: Health care REITs dominated fundraising efforts, collecting approximately $2.63 billion, while single tenant and data center REITs raised significantly less at $225.5 million and $178.8 million, respectively.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
