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REITs are back on a downward trajectory after last week’s rally


Stocks and financial data

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REITs return to downward trajectory after last weekThe uptick as Q3 earnings season wraps up for most companies in the industry.

Data Center REITs, Retail REIT and Various REITs is an exception, has a higher W/W.

Most completed REITs were lower than last week, with Self-hosted REIT and Hotel REIT are the biggest laggards.

Three main self-hosted REITs, National Archives Branch (NSA), Additional Storage (EXR) and Public Memory (PSA), announced a decline in share prices over the past five days, although most Report one beat in their quarterly results.

All three reported declining occupancy rates, with a less-than-positive outlook for occupancy. Here’s a look at the stock price movements of the three stocks.

Hotel REITs fell ~8% this week, in contrast to subsector declines strong ultimate performance few week.

Analysts cast doubt on the sustainability of the post-COVID recovery in the hotel REITs sector, particularly the recovery in Revenue Per Vacancy.

Author Hoya Capital, Seeking Alpha, Author Hoya Capital speak.

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