SPRE is trading 3.3% higher in pre-market action as the real estate sector benefits from sharply cooler U.S. inflation and improving expectations for interest rate cuts.
- June CPI fell 0.4% month-over-month and core inflation eased to 2.6% annually, providing a significant tailwind for rate-sensitive REITs.
- Investors are rotating into yield and defensive assets as broader market optimism grows regarding potential policy easing.