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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

3 REITs That Make Great Long-Term Investments

While inflation has slightly dipped in July from the 40-year high level, it remained uncomfortable for policymakers. Given the better-than-expected economic data, the elevated inflation strengthens the case for aggressive interest rate hikes.

However, real estate demand is witnessing an uptrend, thanks to the rising need for logistics infrastructure. In addition, the inclination of businesses toward local sourcing after the pandemic is expected to drive further growth in this sector. The real estate sector in the United States is projected to grow at a 3.7% CAGR to $412.60 billion by 2025.

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