On its surface, the use of weight loss drugs may seem like it has little to do with the demand for office space, shopping malls and apartment buildings. But Jefferies analyst Jonathan Petersen begs to differ. He speculated that a more fit population would have a host of different habits that could ripple through the economy and eventually be felt by the real estate industry — benefiting some pockets, while pressuring others.
mountain Healthpeak shares are down 26% since January and hit a 52-week low Tuesday. Over the long term, the use of these drugs will boost patient wellbeing, and Petersen expects this could mean fewer doctor visits and longer lives, trends that could boost senior housing operators like Welltower , but pressure operators of medical office space such as Healthpeak . Healthpeak shares hit a 52-week low on Tuesday, while Welltower shares shed more than 2%. Welltower, which operates in the U.S.
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Source: CNBC - 🏆 12. / 72 Read more »