While representatives of the Institute for Portfolio Alternatives warn of the proposal’s 'chilling effect' on brokers, state regulators are asking why REIT customer complaints remain elevated.
Unibail Rodamco Westfield and Hammerson Plc reported earnings that rebounded in the first half of the year as the impact of the pandemic subsided more quickly than expected.
Total returns for the FTSE Nareit All Equity REITs index are down 20 percent year-to-date amid broader macroeconomic concerns, but REIT balance sheets and real estate fundamentals remain on solid footing.