REIT all about it "Issue 1239 - In this week's "REIT all about it…"" Boissier

Research evidence excerpt

REIT all about it "Issue 1239 - In this week's "REIT all about it…"" Boissier

Global Research

24 July 2026ab

REIT all about it Equities

GlobalIssue 1239 - In this week's "REIT all about it…"

Real Estate

Charles Boissier, CFA

Performance overview Analyst

Over the past week, Global Real Estate has returned -0.6% and Global Equities -1.3% in charles.boissier@ubs.com

USD. Regionally, the UK (+2.1%) performed strongest, while the US was the weakest (- +44-20-7568 4415

0.6%), in local currency. John Lam, CFA

Analyst

U.S. Residential REITs - Takeaways from 2Q'26 residential survey john-za.lam@ubs.com

+852-2971 6358

The survey points to resilient rental demand and continued low turnover. We expect

2Q'26 Apartment and SFR REIT results to reflect ongoing price sensitivity among new Michael Lim

renters in higher-supply markets, offset by increasing pricing power in lower-supply Analyst

markets. In our view, these dynamics should continue to favor urban and coastal michael-h.lim@ubs.com

+65-6495 5902

portfolios over suburban and Sunbelt portfolios.

Kazufumi Takeuchi

Australian REITs - Large DCs to underwrite new power generation

kazufumi.takeuchi@ubs.com

The Federal Government’s AI plan proposes mandatory national standards for AI and +81-3-5208 6269

DCs, coordinated by a new 'Office of AI'. Key components include: 1) Consistent

Michael Goldsmithstandards: large DCs will be subject to enforceable national standards across energy,

water, safety and other areas, streamlining compliance framework and approvals/ michael.goldsmith@ubs.com

delivery; and 2) Power/water obligations: operators must underwrite new power, fund +1-212-713 2951

grid connections, manage demand for grid stability, and maximize water efficiency.

John C. Hodulik, CFA