Rising bond yields drive Q3 global REIT weakness, Resolution Capital says
XLRE•Resolution Capital attributed global REIT weakness in Q3 2026 primarily to rising nominal and real bond yields. It said healthcare fundamentals remain strong and data center holdings Equinix and Digital Realty target long-term digitalization.
1. REIT market update
Resolution Capital’s October 2026 update attributed global REIT weakness in Q3 2026 primarily to rising nominal and real bond yields. It said healthcare operating fundamentals remain very strong, supported by an aging US population and minimal new supply. Its data center holdings Equinix and Digital Realty target long-term digitalization, with their network-dense colocation businesses seen benefiting regardless of AI winners.
