WASHINGTON, DC—US REITs continued their upward trajectory inNovember, NAREIT has reported. Total returns forUS REITs rose 2.3% for the month, for a26% year-to-date increase. That is nearly doublethe total return of the S&P 500 for the year.
"REITs have a long history of outperforming the broader marketso this is not surprising," NAREIT's Brad Casesays in a video discussing the month's performance, which is posted toNAREIT's website.
The FTSE NAREIT All REITs Index was up 25.77% with a dividendyield of 3.9% at November 28, the last trading day of the month.The FTSE NAREIT All Equity REITs Index was up 26.44% with adividend yield of 3.4%, and the FTSE NAREIT Mortgage REITs Indexwas up 21.1% with a dividend yield of 10.34%.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
