REITs increase August capital offerings by more than 6 times Y/Y (NYSEARCA:XLRE)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2024
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Source: SeekingAlpha
Equity REITs Capital Offering Activities: Equity REITs experienced a 19.4% decline in capital offering activities in August, totaling $6.99 billion.
Year-over-Year Comparison: Despite the monthly drop, the amount raised was over six times higher than the same period last year, according to S&P Global Market Intelligence data.
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.
