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REITS Remain Optimistic In Face of DOGE Cuts
Publicly traded REITs remain optimistic in the face of potential widespread cuts to federal leasing at the hands of the Department of Government Efficiency. Many of these entities rent space to the government and have large portfolios in Washington, according to a report in the Washington Business Journal.
However, they believe their leases are generally safe, according to statements they’ve made to investors in earnings calls and press releases, according to the article. That is because they serve agencies performing the work the Trump administration is prioritizing, including mission-critical agencies.
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