|Last Price$35.10||Day Change (%)-0.74%|
|Open Price$35.29||Day Change ($)-0.26|
|Day Range35.10–35.33||52-Week Range30.06–36.77|
As of Tue 07/29/2014 03:46 PM EST | USD
Though many long for faster economic growth, the current environment has actually been very good for landlords--but higher rates could still sting.
REIT prices reset with rising interest rates.
The macro environment remains favorable toward REITs, but valuations generally appear stretched.