BUZZ-US healthcare REITs rise as Trump announces 90-day tariff pause

Reuters
10 Apr
BUZZ-US healthcare REITs rise as Trump announces 90-day tariff pause

Updates

** Shares of some U.S. healthcare REITs up between 2% to 5% after U.S. President Donald Trump says he has authorized a 90-day pause on some of his new tariffs, effective immediately

** Shares of Alexandria Real Estate Equities ARE.N up 3.1% at $79.31, Ventas VTR.N up 3.5% at $65.57, Healthpeak Properties DOC.N up 4.5% at $18.79

** Welltower WELL.N and Omega Healthcare Investors OHI.N shares rise ~4% each, while shares of Healthcare Realty Trust HR.N up 2.9% at $15.54

** Up to last close, ARE down 23.9%, VTR up 5.4%, DOC down 12.8%, WELL up 6.9%, OHI down 5.3%, and HR down 12.9% YTD

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))

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