Asset Sales Replace Shares as Cheapest REIT Equity (What U.S. REITs Are Saying) - Fitch Research

Asset Sales Replace Shares as Cheapest REIT Equity (What U.S. REITs Are Saying)

Asset Sales Replace Shares as Cheapest REIT Equity (What U.S. REITs Are Saying) - Fitch Research
Asset Sales Replace Shares as Cheapest REIT Equity (What U.S. REITs Are Saying)
Published Dec 07, 2015
26 pages (16936 words) — Published Dec 07, 2015
Price US$ 999.00  |  Buy this Report Now

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Brief Excerpt:

...Bridge Over Troubled Water: Fitch expects U.S. equity REITs to continue to mine their portfolios for dispositions through the balance of 2015 and into next year to upgrade portfolios, fund investments and possibly improve credit profiles. Asset sales were a hot topic during the 3Q15 earnings season given the current arbitrage between private and public market real estate values implied by the 11% net asset value (NAV) discount at which REITs trade. Pacing Record Sales Year: REITs are on pace this year to exceed 2014's record $37 billion of asset sales. Companies sold roughly $40 billion of properties during the trailing 12 months (TTM) ended Sept. 30, 2015, and Fitch expects stronger fourth-quarter sales volume this year. Office ($11 billion of dispositions), regional mall ($5 billion) and shopping center ($5 billion) REITs led the industry in dispositions for the TTM ended Sept. 30, 2015. The multifamily sector's share of dispositions should grow next year due to Starwood Capital Group's...

  
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MLA:
Fitch Research. "Asset Sales Replace Shares as Cheapest REIT Equity (What U.S. REITs Are Saying)" Dec 07, 2015. Alacra Store. May 12, 2025. <http://www.alacrastore.com/fitch-credit-research/Asset-Sales-Replace-Shares-as-Cheapest-REIT-Equity-What-U-S-REITs-Are-Saying-874094_report_frame>
  
APA:
Fitch Research. (). Asset Sales Replace Shares as Cheapest REIT Equity (What U.S. REITs Are Saying) Dec 07, 2015. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/fitch-credit-research/Asset-Sales-Replace-Shares-as-Cheapest-REIT-Equity-What-U-S-REITs-Are-Saying-874094_report_frame>
  
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