REITs' declining performance this year is more likely a product of the broader equity markets, the Federal Reserve and geopolitical risks than internal factors, according to a report this week from JLL.
Like the equity markets, REITs are off 20 percent year-to-date and are coming off one of their best performing years ever.
JLL said the bigger trend is that REIT trading prices continue to be "further and further disassociated from real estate values."
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