REITs see Q3 FFO decline Y/Y despite higher net operating income, occupancy
REITs saw their average Q3 FFO per share reduce by 6.32% year-over-year and 9.10% sequentially to $0.73, according to the Q3 2024 REIT Industry Tracker by Nareit. All equity REITs logged an aggregate ...
Brookfield’s BofA Tower in L.A. Sees 69% decline in appraised value
U.S. office values have plunged and vacancies soared since the double shock of the post-pandemic vacancy increases and soaring borrowing costs. Office values in U.S. central business districts fell ...