Data Center M&A • Apartment Dividend Hikes • Housing Shortage

March 18, 2022 | Hoya Capital

Data Center M&A • Apartment Dividend Hikes • Housing Shortage Real Estate Daily Recap Mar 18 Written By U.S. equity markets advanced for the fourth-straight day Friday with the major averages posting their best weekly gains since November 2020 amid indications of potential de-escalation in the Russia/Ukraine conflict. Pushing its weekly gains to nearly 6%, the S&P 500 advanced another 1.1% today while the tech-heavy Nasdaq 100 gained 2.1% to push its weekly gains to over 8%.

Real estate equities posted more muted gains today and for the week with the Equity REIT Index flat on the day with 11-of-19 property sectors in positive-territory while Mortgage REITs advanced 0.6%. A pair of apartment REITs added their names to the swelling list of REIT dividend hikes. UDR (UDR) announced a 5% dividend hike while Equity Residential (EQR) raised its quarterly dividend by 4%. Equinix (EQIX) advanced about 2% today after it announced a $705M deal to acquire four data centers from Empresa Nacional De Telecomunicaciones as it expands into the Chile and Peru markets.

Income Builder Daily Recap We recently launched Hoya Capital Income Builder - a premier income-focused investment research service through Seeking Alpha Marketplace - that will be the new exclusive home of all of Hoya Capital's investment research. Income Builder focuses on real income-producing asset classes that offer the opportunity for diversification, monthly income, capital appreciation, and inflation hedging. If you're not already on board, give us a try with a completely risk-free two-week trial and take a look around.

U.S. equity markets advanced for the fourth-straight day Friday with the major averages posting their best weekly gains since November 2020 amid indications of potential de-escalation in the Russia/Ukraine conflict. Pushing its weekly gains to nearly 6%, the S&P 500 advanced another 1.1% today while the tech-heavy Nasdaq 100 gained 2.1% to push its weekly gains to over 8%. Real estate equities posted more muted gains today and ...