EFTA Document EFTA01388591

I6 October 2016 REITs US REIT 3016 Earnings Preview ORE fundamental slowing, but still growing Fundamentals in 3Q demonstrated relatively steady vacancy rates with some moderation in rent growth, particularly in the Apartment space, which should come as no surprise. More volatile and generally slowing job growth trends have combined with still elevated supply to drive rent growth at the national level lower by 70bps versus 2Q as landlords collectively pushed occupancy over rate with vac