With the REIT and Equity Trust – Other industry offering the real estate structure for several economic activities, be it real or virtual, there are pockets of strength even in a challenging environment. Particularly, with the growth of the digital economy, commercial real estate like industrial and data centers, which support the industry, are likely to continue prospering in the foreseeable future. Also, the fundamentals of healthcare real estate remain resilient, while the resumption of travel is encouraging for Hotel REITs. Against this backdrop, Prologis PLD, EastGroup Properties EGP and Ryman Hospitality Properties RHP are likely to prosper.Despite an improvement in the fundamentals of the real estate market from the onset of the pandemic, there are concerns stemming from high interest rates and any economic slowdown. These are affecting the leasing activity of several asset categories and hurting the industry’s overall prospects.About the IndustryThe Zacks REIT and Equity Trust – Other industry is a diversified group that covers REIT stocks from different asset categories like industrial, office, lodging, healthcare, self-storage, data centers, infrastructures and others. Equity REITs rent spaces in these properties to tenants and earn rental incomes. Economic growth plays a pivotal role in the real estate sector as economic expansion translates into greater demand for real estate, higher occupancy levels and landlords’ increased power to ask for higher rents. Also, the performance of Equity REITs depends on the underlying asset dynamics and the location of properties. Hence, delving into …
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