WASHINGTON, DC-US REITs continue to performminor miracles for their shareholders—at least compared to otherinvestment vehicles these days—by outperforming the broader equitymarket in Q2, for the first half of the year and for the last 12months, according to NAREIT statistics. For Q2,total return of the FTSE NAREIT All REITs Index was up 4.55%, theFTSE NAREIT All Equity REITs Index was up 4%, and the FTSE NAREITMortgage REITs Index was up 8.53%. For that same time period, theS&P 500 fell 2.75%.
For the first six months of the year, the total return of theFTSE NAREIT All REITs Index was up 15.43%, the FTSE NAREIT AllEquity REITs Index up 14.91%, and the FTSE NAREIT Mortgage REITsIndex up 18.39%.
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