May 19, 2020 6:44 PM
COTD: Chart of the Day
Interesting chart of the relative performance of the various REIT sectors. Our wild ass guess (WAG) is that commercial is still a sell.
We think the COVID crisis will be remembered, among other things, as the event when the world went fully digital and the office became a relic of the past. Jack is laying the track.
“We want employees to be able to work where they feel most creative and productive,” a company spokesperson said. “Moving forward, Squares will be able to work from home permanently, even once offices begin to reopen. Over the past several weeks, we’ve learned a lot about what it takes for people to effectively perform roles outside of an office, and we will continue to learn as we go.” – Jack Dorsey, Forbes
Hat Tip: Callum Thomas
Posted by macromon
Categories: Real Estate, Uncategorized
Tags: REITs
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Rick, interesting chart… Jim
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By Jim Callard on May 19, 2020 at 6:47 PM
Heavy industry is all about workplace safety, i.e., OSHA, MSDS, L&I, Safety Training, etc. Other sectors can stand to learn a lot from them in the new era of COVID.
By Mike on May 20, 2020 at 7:40 AM
Thanks for that, Mike.
By macromon on May 20, 2020 at 7:52 AM
[…] ← COTD: The REIT Beat […]
By Back To Class: REITs 101 | Global Macro Monitor on May 21, 2020 at 6:08 PM