Site Centers Corp is a real estate investment trust (REIT) focused on the ownership, operation, and development of a diverse portfolio of retail and mixed-use properties across the United States
The company emphasizes acquiring and managing shopping centers that cater to everyday consumer needs, fostering vibrant community environments. By strategically leasing space to a variety of tenants, ranging from national retailers to local businesses, Site Centers aims to enhance the shopping experience while generating sustainable long-term growth and profitability for its stakeholders.
The combination of lower demand and higher costs created substantial headwinds for growth and dividend distributions. As a result, many REITs cut or suspended their dividends in 2024.
In this brief market review, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
