REIT all about it

Research evidence excerpt

REIT all about it

Global Research

31 July 2026ab

REIT all about it Equities

GlobalIssue 1240 - 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 +0.9% and Global Equities -0.1% charles.boissier@ubs.com

in USD. Regionally, Japan (+2.2%) performed strongest, while the US was the weakest +44-20-7568 4415

(-0.1%), in local currency. John Lam, CFA

Analyst

U.S. REITs - Initial view on 2Q'26 results john-za.lam@ubs.com

+852-2971 6358

Welltower Inc: 2Q'26 print included a healthy beat & raise, significant investment

volume and robust organic growth trends; Omega Healthcare: Results highlighted a Michael Lim

favorable skilled nursing backdrop with improving coverage, healthy investment activity Analyst

that it expects to accelerate in 2H'26; Ventas: Strong 2Q'26 report highlighted by michael-h.lim@ubs.com

+65-6495 5902

accelerating investment activity, healthy SHOP results and a modest FFO guidance raise;

Brixmor: 2Q'26 results and increased 2026 outlook reflect its ability to drive growth in a Kazufumi Takeuchi

favorable environment for retail; UDR Inc: 2Q'26 results and 2026 guidance raise reflect Analyst

improving supply/demand dynamics across the Coastal regions; Extra Space Storage Inc: kazufumi.takeuchi@ubs.com

+81-3-5208 6269

2Q'26 results were surprisingly strong reflecting higher move-in rates.

Michael Goldsmith

Equinix Inc - AI adoption driving upside to multiyear guidance Analyst

michael.goldsmith@ubs.com

Given recent moves, we believe Equinix is setting the stage to dominate the enterprise +1-212-713 2951

infrastructure layer as AI adoption matures and agentic AI proliferates.

John C. Hodulik, CFA

US Real Estate Brokers - 2Q'26 results update

john.hodulik@ubs.com