Reported 9 days ago
Jonathan Litt, founder of Land & Buildings, recognizes a potential turnaround in the commercial real estate market, particularly for REITs, after years of being negative towards the sector. Although he remains skeptical about office spaces, citing slow leasing in cities like New York, he has expressed optimism for certain REITs, such as Equinix. With falling interest rates influencing the market, Litt's insights suggest that the REIT sector could be entering a more promising phase, attracting attention from investors.
Source: YAHOO