Amid warnings for the sector, these 11 commercial REIT stocks are loved by analysts, who see upside of up to 47%

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Amid warnings for the sector, these 11 commercial REIT stocks are loved by analysts, who see upside of up to 47%
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Office property values have been declining since the pandemic began, but some commercial real-estate investment trusts are expected to sail through the storm.

As if concerns over banks’ liquidity weren’t enough to rattle investors, analysts have been raising concerns about the U.S. commercial real-estate market, especially for office buildings. Below is a screen of real-estate investment trusts that concentrate on commercial real estate, highlighting the 11 analysts expect to fare best through 2024.

On Monday, a group of analysts at BofA Securities led by Camille Bonnel wrote that REITs that own office buildings had declined 70% in value “as public markets have been pricing in secular headwinds and tight lending conditions” since the beginning of the Covid-19 pandemic in 2020. The BofA analysts provided some comfort for REIT investors: “Most REITs tend to own top-quartile properties and follow an active, hands-on ownership model. Historically, public REITs outperform within their markets particularly in tougher market conditions like today.”

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