Real estate stocks decline amid geopolitical developments, weak earnings

[Real estate investment, Real estate value]
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Real estate stocks were largely in red this week, with the sector kicking off the quarterly earnings season on a sour note and heightened geopolitical uncertainty [https://seekingalpha.com/news/4540483-wall-street-dow-sp500-nasdaq] leading to increased volatility.

Geopolitical developments [https://seekingalpha.com/article/4862447-what-moved-markets-this-week] took center stage after President Donald Trump reiterated his interest in Greenland during remarks at the World Economic Forum in Davos, Switzerland. Trump said he intends to begin negotiations “immediately” to pursue control of the territory, adding to broader global uncertainty that weighed on investor sentiment.

Meanwhile, the first batch of real estate earnings failed to impress investors.

Among largecap stocks, Prologis (PLD [https://seekingalpha.com/symbol/PLD]) led the weekly losers. The stock lost 4.22% during the course of the week to close at $127.15.

The logistics real estate company reported Q4 attributable core FFO per share [https://seekingalpha.com/filings/pdf/19072267] of $1.44, down from $1.50 in the same period of 2024. The metric was impacted by a net promote expense.

Crown Castle (CCI [https://seekingalpha.com/symbol/CCI]) (down 4.21% week-over-week to $86.60) was the second biggest loser. The week saw KeyBanc Capital Markets and Goldman Sachs lower their price target on CCI.

Extra Space Storage (EXR [https://seekingalpha.com/symbol/EXR]) (-3.81% W/W to $141.52) was the third on the list.

For the winners, Alexandria Real Estate Equities (ARE [https://seekingalpha.com/symbol/ARE]) (+4.24% W/W to $59.69), KE Holdings (BEKE [https://seekingalpha.com/symbol/BEKE]) (+3.82% to $18.22), and CoStar Group (CSGP [https://seekingalpha.com/symbol/CSGP]) (+3.50% W/W to $65.60) led the pack.

KE Holdings had detailed share buybacks in its latest 6-K filing [https://investors.ke.com/node/10301/html].

Among the midcap stocks, Kilroy Realty (KRC [https://seekingalpha.com/symbol/KRC]) (-6.88% W/W to $35.59), SL Green Realty (SLG [https://seekingalpha.com/symbol/SLG]) (-5.59% W/W to $45.90), and Colliers International Group (CIGI [https://seekingalpha.com/symbol/CIGI]) (-5.18% W/W to $139.85) led the weekly losers.

Compass (COMP [https://seekingalpha.com/symbol/COMP]) (+5.88% W/W to $13.33) and Rithm Capital (RITM [https://seekingalpha.com/symbol/RITM]) (+3.79% W/W to $11.78) were significant gainers.

Here is a look at the subsector performances for the week:
[S&P, Nareit]
Percentage-wise price change across real estate indices

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