Investors eye bright spots in REIT sector
July 13, 2018 at 16:28 PM EDT
While investors say they are wary of the broader real estate industry in a rising interest rate environment, some are still bullish on sectors such as self storage and manufactured homes. Real Estate Investment Trusts (REITs) are typically seen as a defensive investment bet as their large dividend payouts offset slow but predictable growth. The S&P 500 real estate index has outperformed in the last six months with a 5.8 percent climb