Fed's Barkin Says Office And Older Office Real Estate Are Under Pressure
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Barkin has stated that office and older office real estate are under pressure, according to Reuters. This could potentially impact the real estate market and related ETFs.
November 03, 2023 | 2:27 pm
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NEGATIVE IMPACT
The SPY ETF, which includes real estate holdings, may be impacted by the pressure on office and older office real estate as stated by Federal Reserve's Barkin.
The SPY ETF includes real estate holdings. If office and older office real estate are under pressure, this could potentially lead to a decrease in the value of these holdings, thereby impacting the overall value of the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70