Stock Market

REITs are up ahead of earnings season


REITs rose ahead of earnings season on the back of forecasts of solid quarterly results, despite rising inflation expectations.

Recent reports have supported the sector, which has also attracted sentiment.

M&A activity picked up in Q2 after 2 slow quarters, with 4 REIT merger deals totaling $24.27 billion announced during the quarter, a report by S&P Global Market Intelligence .

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