US stock markets showed mixed results with the S&P 500 down 2.4% and Nasdaq 100 falling nearly 5%, while small caps and value stocks outperformed. Oil prices declined toward pre-war levels as tanker traffic through the Strait of Hormuz rebounded after a tentative Iran-US truce, easing energy market fears despite ongoing military clashes. Real estate investment trusts (REITs) saw gains, with notable M&A activity including Public Storage's $1.2 billion acquisition of its Canadian unit and Prologis's £12.6 billion bid for SEGRO. These developments highlight cautious investor sentiment amid geopolitical risks and opportunities in real estate sectors.
Kahn Swick & Foti, led by former Louisiana Attorney General Charles C. Foti, Jr., is investigating the proposed sale of National Storage Affiliates Trust to Public Storage. The deal offers National shareholders 0.14 shares of Public Storage for each ...
The Pacer Industrial Real Estate ETF (INDS) targets income investors with a 3.47% SEC yield and quarterly dividends since 2018. It holds a mix of industrial warehouses and self-storage REITs, with the top three holdings including Prologis and two maj...
