Truist expects REITs to outperform broader market in 2023; upgrades AvalonBay

Real estate investment graphic with skyscrapers and clouds.


Truist Securities mentioned Tuesday it expects the REIT sector to outperform the broader market in 2023 after a difficult 2022.

In a REIT outlook notice, Truist mentioned the sector’s outperformance can be supported by enticing valuations vs. broader equities and personal actual property, downward sloping

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