Worried About a Recession? These 3 REITs Aren't.

Real estate tends to be a cyclical sector. As the economy slows, demand for real estate typically cools off, weighing on property values and rental rates. 

However, some segments of the real estate market are more resilient than others. Because of that, real estate investment trusts (REITs) focused on these property types could continue thriving even if the economy enters a downturn in this year. Three REITs that aren't worried about a recession are Agree Realty (NYSE: ADC), Equity Residential (NYSE: EQR), and Prologis (NYSE: PLD). 

Marc Rapport (Agree Realty): Agree Realty is a retail REIT, a sector that was hit hard by the pandemic and is still struggling to recover as a whole as inflation rages and recession concerns loom. But this is no ordinary REIT. Building on a long-term record of outperformance, Agree's stock has kept on rising, and is now up about 8.5% year to date as the benchmark Dow Jones US Retail REITs Index has fallen about 15.5% over the same time.

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Source Fool.com