US REIT capital offering activity down more than 38% month over month in July
August 10, 2023 | S&P Global Market Intelligence
Capital markets activity by US equity real estate investment trusts slowed in July as the industry collected a total of $4.25 billion, a more than 38% drop from the $6.87 billion raised in June but a massive jump from the $426.4 million raised a year earlier.
The majority of the capital raised in July came through debt offerings, at $3.4 billion. Common equity offerings accounted for the remaining $847.5 million, according to S&P Global Market Intelligence data.
