REITs To Watch For Q2 Earnings On Aug 2: WPC, CHSP & BFS

 | Jul 31, 2019 10:09PM ET

After hiking interest rates on an accelerated pace till 2018, the Fed has put rate hikes on hold this year. In fact, on Jul 31, the central bank announced its first rate cut since December 2008, lowering the target range for overnight lending rate by 25 basis points (bps). With this, the interest-rate range now stands at 2-2.25%.

REITs, major beneficiaries of a declining rate environment due to their interest-rate sensitivity, are expected to display improvement, given strengths in the underlying asset categories in which these companies invest.

In fact, going by a Original post

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