Douglas Rissing
As of now, it seems that the odds are clearly stacked in favour of commercial real estate going into 2024. The key driver of this is the expected change of Fed's direction in the monetary policy.
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2 REITs That Are Likely To Have Alpha Performance In 2024
Summary
- Commercial real estate is expected to perform well in 2024 due to the expected change in the Fed's monetary policy.
- The market consensus is that there will be a decrease in interest rates by mid-2024, leading to potential opportunities for REIT investing.
- Two REITs, Safehold and Realty Income, carry more elevated exposure to duration factor, which should contribute to alpha performance in 2024.
Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.
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