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Feb 4 2019, 08:00 GMT
REITs
Fed policy considerations: part 1
- Sectors : REITs
- Companies : Hibernia REIT | IRES REIT | Green REIT
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| Green REIT | OUTPERFORM | 23/01/14 | N/A | N/A | 143c |
| Hibernia REIT | OUTPERFORM | 11/11/14 | N/A | N/A | 131c |
| IRES REIT | OUTPERFORM | 08/05/15 | N/A | N/A | 151c |
| Hammerson plc | OUTPERFORM | 20/07/17 | N/A | N/A | 373p |
DAVY VIEW
Last week’s announcement by the FOMC that it is now open to pausing monetary tightening and restarting stimulus is significant for the listed real estate sector. The sector has been correlated with monetary policy and we feel that speculation of this shift has contributed to the recent market rally.
