Equity REITs see Q1 earnings slump as occupancies decline – report (XLRE:NYSEARCA)

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REIT real estate investment trust symbol. Concept words REIT real estate investment trust on the note on beautiful orange background. Business REIT real estate investment trust concept.

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Equity REITs logged a slump in their average Q1 FFO per share amid a decline in occupancy rates, the latest T-Tracker report by Nareit showed.

The metric fell 8.49% from the prior quarter to $0.73. However, average FFO per share for the first