The document provides an earnings preview for US REITs for the third quarter of 2016. It discusses the broad-based sell-off since August 1, 2016, with the RMZ dropping by almost 10% compared to a 1.3% drop for the S&P500. The document attributes the sell-off to uncertainty regarding interest rates, potential rate hikes, the U.S. election, and recession fears. It includes a table showing changes in risk buckets since August 1, 2016, and discusses property sector performance, highlighting underperformance in Freestanding Retail and Data Centers.
doj/DataSet10/EFTA01388587.pdf
{"title":"US REIT 3Q16 Earnings Preview","document_date":"2016-10-18","document_type":"tabular","key_locations":["U.S."],"key_organizations":["Deutsche Bank","SNL"],"reference_numbers":["DB-SDNY-0092223","SDNY_GM_00238407","EFTA01388587"]}