11:00 AM EDT, 04/01/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

The real estate sector has been an underperformer since the start date for the Federal Reserve's monetary easing cycle has continued to be delayed. In addition, the expected reduction in the timing and magnitude of rate cuts has in turn increased the risk of recession. While REIT fundamentals have benefited from a stronger-than-expected economy, we believe upside to current GDP growth projections is more limited and will likely result in weaker growth across the real estate sector through 2024. In addition, the cap-weighted CFRA STARS is below that for the S&P 500 as a whole. Finally, the rolling 10-month (200-day) relative price return places it among the weakest of 11 sectors.