(Reuters) - REIT equities experienced a dip in the recent quarter, but the sector
maintains a relatively solid footing in terms of fundamentals given the ongoing
state of equilibrium within the commercial property markets. U.S. homebuilder
prospects darkened, however, as the sector strives to find a trough in the
market's current downturn.
"Mergers and acquisitions again drove most of our otherwise subdued U.S.
REIT rating actions in the second quarter," said credit analyst Elizabeth
Campbell.
Read more at Reuters.com Bonds News
maintains a relatively solid footing in terms of fundamentals given the ongoing
state of equilibrium within the commercial property markets. U.S. homebuilder
prospects darkened, however, as the sector strives to find a trough in the
market's current downturn.
"Mergers and acquisitions again drove most of our otherwise subdued U.S.
REIT rating actions in the second quarter," said credit analyst Elizabeth
Campbell.
Read more at Reuters.com Bonds News
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