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BXP borrowed $850 million in the corporate bond market recently. REITs raised nearly $2.6 billion in debt and equity last week. Estimates suggest a possible bottom for the struggling office sector. Lower borrowing costs are welcomed due to potential Federal Reserve rate cuts. The S&P 500’s office REIT subcomponent rose 14.3% year-over-year.
- BXP borrowed $850 million in the corporate bond market recently.
- REITs raised nearly $2.6 billion in debt and equity last week.
- Estimates suggest a possible bottom for the struggling office sector.
- Lower borrowing costs are welcomed due to potential Federal Reserve rate cuts.
- The S&P 500’s office REIT subcomponent rose 14.3% year-over-year.
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