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REIT Replay: Hotel rumors

Oct 28, 2015 - SNL Real Estate Daily
Board and Executive Moves

REITs and the broader markets posted losses Tuesday, Oct. 27, as M&A rumors surfaced around a hotel operator.

The MSCI US REIT Index (RMZ) dipped 0.01% to 1,109.95, and the SNL US REIT Equity Index slipped 0.08% to finish at 296.58. The Dow Jones Industrial Average dropped 0.24% to close at 17,581.43, while the S&P 500 lowered 0.26% to 2,065.89.

In rumored M&A news, three Chinese companies are reportedly awaiting their government's approval to bid for Starwood Hotels & Resorts Worldw...