The bevy of real estate investment trusts that completed stock offerings over the past two weeks have seen slight to substantial increases in their share prices. There are likely a few reasons behind the increases, including an upward trend in the broader equity markets, according to Rich Moore, an analyst at RBC Capital Markets. Moore also speculated that investors may think that if a REIT has the ability to issue equity, then it has the ability to manage its maturing debt and other expenses. The offerings have been across all sectors, he added. For...
