Previous close | 0.1500 |
Open | 0.1500 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 110.00 |
Expiry date | 2024-01-19 |
Day's range | 0.1500 - 0.1500 |
Contract range | N/A |
Volume | |
Open interest | 16 |
Rising interest rates have proven challenging for the real estate industry over the past couple of years. Meanwhile, higher rates have weighed on the value of income-producing real estate investments. Many expect the Federal Reserve to begin cutting interest rates.
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Realty Income is warning investors to expect lower occupancy levels, but the reason for that is actually a good thing.