WASHINGTON, DC—Continuing their 2016 winning streak, REITs posted returns nearly double those of the broader equity market in the first eight months of the year, NAREIT said Wednesday afternoon. The FTSE NAREIT All REITs Index delivered a 14.18% total return in the year through August; the FTSE NAREIT All Equity REITs Index delivered a 14% total return; and the total return of the FTSE NAREIT Mortgage REITs Index was 19.56%. These numbers compare to 7.82% for the S&P 500's total return during the same time frame.
Similar results are obtained when looking at total returns over a 12-month basis. For the year that ended August 31, the FTSE NAREIT All REITs Index's total return was 24.61%, while the FTSE NAREIT All Equity REITs Index posted 25.37% and the FTSE NAREIT Mortgage REITs Index's total return was 15.48%. Over the same 12-month period, the S&P 500 delivered a total return of 12.55%.
Within the equity REIT universe, single-family homes represented the top performing property segment for the year to date. The segment delivered a 32.56% return, more than twice that of the FTSE NAREIT All Equity REITs Index benchmark.
Coming in second were freestanding retail REITs, which delivered a 31.9% total return YTD, followed by industrial REITs with a 30.55% return. Data centers delivered a total return of 28.36% for the first eight months of the year, while healthcare REITs posted a 21.81% total return.
For income, the best bet among REIT sectors has been specialty REITs, which have garnered a 6.22% dividend yield for the first eight months of the year, compared to 3.61% for the FTSE NAREIT All Equity REITs Index and 2.11% for the S&P 500. Five other equity REIT property segments also beat the benchmark index's dividend yield as of August 31: lodging/resorts, with a yield of 5.11%; healthcare with 4.96%; diversified REITs, 4.14%; freestanding retail, 3.95%; and timber REITs, 3.88%.
More than 300 of the industry's leading national investors, REITs, banks, private equity firms, asset management firms and other institutions will join us as we explore the market conditions behind the trends at this year's RealShare National Investment & Finance, scheduled for Oct. 5 and 6 at the Roosevelt Hotel in New York City. Learn more.
WASHINGTON, DC—Continuing their 2016 winning streak, REITs posted returns nearly double those of the broader equity market in the first eight months of the year, NAREIT said Wednesday afternoon. The FTSE NAREIT All REITs Index delivered a 14.18% total return in the year through August; the FTSE NAREIT All Equity REITs Index delivered a 14% total return; and the total return of the FTSE NAREIT Mortgage REITs Index was 19.56%. These numbers compare to 7.82% for the S&P 500's total return during the same time frame.
Similar results are obtained when looking at total returns over a 12-month basis. For the year that ended August 31, the FTSE NAREIT All REITs Index's total return was 24.61%, while the FTSE NAREIT All Equity REITs Index posted 25.37% and the FTSE NAREIT Mortgage REITs Index's total return was 15.48%. Over the same 12-month period, the S&P 500 delivered a total return of 12.55%.
Within the equity REIT universe, single-family homes represented the top performing property segment for the year to date. The segment delivered a 32.56% return, more than twice that of the FTSE NAREIT All Equity REITs Index benchmark.
Coming in second were freestanding retail REITs, which delivered a 31.9% total return YTD, followed by industrial REITs with a 30.55% return. Data centers delivered a total return of 28.36% for the first eight months of the year, while healthcare REITs posted a 21.81% total return.
For income, the best bet among REIT sectors has been specialty REITs, which have garnered a 6.22% dividend yield for the first eight months of the year, compared to 3.61% for the FTSE NAREIT All Equity REITs Index and 2.11% for the S&P 500. Five other equity REIT property segments also beat the benchmark index's dividend yield as of August 31: lodging/resorts, with a yield of 5.11%; healthcare with 4.96%; diversified REITs, 4.14%; freestanding retail, 3.95%; and timber REITs, 3.88%.
More than 300 of the industry's leading national investors, REITs, banks, private equity firms, asset management firms and other institutions will join us as we explore the market conditions behind the trends at this year's RealShare National Investment & Finance, scheduled for Oct. 5 and 6 at the Roosevelt Hotel in
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.