Big Deal For REIT Space is Big News For This REIT ETF
October 30, 2019 at 08:00 AM EDT
News out Monday that real estate investment trust (REIT) Prologis (NYSE: PLD) will acquire rival Liberty Property Trust (NYSE: LPT) for $12.6 billion ignited a rally in the already high-flying Pacer Benchmark Industrial Real Estate SCTR ETF ( INDS ) .