The downtrend in the listed REIT market continues for the third week in a row. The simple average return for the 20 listed REITs last week was -0.76%. Compared to the previous two weeks (-1.19% and -1.2%), the decline was less pronounced. Concerns about interest rates linger, and the lack of favorable news in the REITs market has caused this prolonged downturn. Although the US Federal Reserve maintained its benchmark interest rate in June, Chairman Powell continues to make remarks hinting at the possibility of rate hikes. Chairman Powell expressed his willingness to raise interest rates at the European Central Bank (ECB) annual forum on the 28th of […]