Buoyed by unprecedented government support of the economy, stock market gains in the second quarter were the highest in two decades. While hospitality and retail business have been among the hardest hit by the coronavirus, real estate stocks largely tracked the broad market rally. “Since the pandemic sell-off reached its nadir in late March, REIT shares have gained 40%,” said Michael Knott of Green Street Advisors. The gains kept real estate on pace with the
source https://therealdeal.com/2020/07/02/real-estate-stocks-benefit-from-second-quarter-rally/
No comments:
Post a Comment