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WASHINGTON, DC-The National Association of Real Estate Investment Trust’s biannual pulse of their industry show that REITs suffered a setback with the stock market volatility earlier this spring, but are still outperforming the larger market. Also, these companies continue to raise debt and equity in significant amounts. Unlike last year, though, this capital raising is largely geared to acquisitions–and thus it is unclear whether it will continue if acquisition opportunities don’t materialize in the second half of this year.

According to NAREIT’s Mid-Year report, REITs raised $22 billion in initial debt and equity capital offerings so far this year. Also, the FTSE/NAREIT index showed a 10.23% compound annual total return in June for the previous 12 months. Indexes measuring the total stock market for the same time period contracted by 1.59%. 

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