According to the results of the Extra Space Special Meeting of Stockholders, more than 99.9 percent of votes cast at the meeting – approximately 90.3 percent of the outstanding shares of Extra Space common stock as of
As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far.
Real estate investment trusts (REITs) have been wonderful investments over the years, despite the difficulties encountered more recently due to inflation and interest rate hikes. But it’s important to consider the properties, tenants and contractual agreements that comprise the largest percentage of a REIT’s business.
When investors consider purchasing real estate investment trusts (REITs), they often look for popular issues that have been performing well recently. But it’s not always the most well-known REITs that outperform their peers.