REITs share prices are dropping. What happened?

• Interest Rate Increases: Rising interest rates can lead to higher borrowing costs for REITs and make their dividends less attractive compared to other investments.
• Economic Uncertainty: Economic downturns or uncertainty can impact property values and rental income, leading to lower REIT valuations.
• Sector-Specific Issues: Problems within specific real estate sectors, such as retail or office space, can affect REIT performance if they hold significant assets in those areas.
• Market Sentiment: Negative investor sentiment or broader market trends can also drive down REIT share prices.

REITs prices have recovered a bit this week. Big drop last week was due to interest rate cut expectation lowered to just one cut this year due to sticky inflation., and uncertainty around middle east war.