|Last Price$36.27||Day Change (%)0.75%|
|Open Price$36.10||Day Change ($)0.27|
|Day Range35.96–36.28||52-Week Range30.06–39.45|
As of Wed 04/16/2014 08:54 AM 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.