REIT Outlook Negative, But Improving

The 2021 rating outlook for U.S. real estate investment trusts remains negative, but Fitch Ratings, New York, said its outlook for the sector is improving.

Office Outlook ‘Opaque’

Reonomy, New York, said the office sector has avoided the worst of the recession, largely due to underlying characteristics including tenant diversification and longer-term leases. But it called the sector’s outlook “opaque.”

S&P: Retail REITs Could Face Distress Until At Least 2021

S&P Global Ratings, New York, said retail real estate investment trusts, already buffeted by the coronavirus pandemic and dwindling brick-and-mortar revenues, could see an increase in downgrades in coming quarters with little chance of recovery before next year.

MBA Chart of the Week: Year-to-Date Returns for REIT Stocks

How the health, social and economic impacts of the coronavirus outbreak flow through to commercial and multifamily properties remains clouded in uncertainty – mainly because of the uncertainty about the virus itself and our public and private responses to it. One thing that is clear is that different property types and different markets will be affected differently.

MBA Chart of the Week: Year-to-Date Returns for REIT Stocks

How the health, social and economic impacts of the coronavirus outbreak flow through to commercial and multifamily properties remains clouded in uncertainty – mainly because of the uncertainty about the virus itself and our public and private responses to it. One thing that is clear is that different property types and different markets will be affected differently.