realestate

Mixed Bag for Real Estate Stocks Amid Tower Churn Worries

Real estate stocks experience mixed week with varying returns across property sectors.

R
eal estate stocks experienced a mixed week, with varying returns across different property sectors. The telecom sector was particularly affected by AT&T's announcement to acquire wireless spectrum licenses from EchoStar for approximately $23 billion. This deal led to a decline in telecom tower REITs.

Real estate stocks fluctuate amidst concerns over tower churn and market uncertainty globally.