Vaccine Rollout a Big Boost for Hotels and Retail Real Estate
Sector trades at a 4% premium to our fair value estimates.
The Morningstar US Real Estate Index is up 36.8% over the trailing 12 month, well below the 58.4% of the broader U.S. equity market over the same period. However, there's significant divergence in real estate performance by subsector.
Real estate has not recovered as much as the US Equity Index - source: Morningstar
Kevin Brown does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.