VNQ is trading at $103.03 (up 3%) in after-hours trading as investors pivot toward real estate following a sharp tech-led selloff and rising rate anxieties in broader markets.
- The sector is benefiting from relatively stable cash flows and recent strong industrial REIT earnings, positioning it as a defensive haven against volatile growth stocks.
- Investors are increasingly betting that the Fed will move cautiously despite recent hawkish remarks, easing pressure on rate-sensitive real estate assets.