Market Commentary

Dividend distributions are a vital part of the REIT total return proposition. Since 1995, Nareit has worked with representatives of the Investment Company Institute (ICI) and the Securities Industry and Financial Markets Association (SIFMA) to develop procedures for corporate members that are designed to facilitate the timely reporting of the required dividend distribution information while minimizing reporting discrepancies.

REITs supported an estimated 3.5 million fulltime equivalent jobs in the U.S. in 2023, producing $278 billion in labor income.

At the end of 2023, U.S. public REITs owned an estimated 580,000 properties—up 1% from the previous year—and 15 million acres of timberland across the U.S.

The tenure of the recovery from the current divergence in public and private real estate valuations is now approaching two years.

The FTSE Nareit All Equity REITs Index continued to outperform broader markets in August, posting a total return of 5.4% as the Russell 1000 and Dow Jones U.S. Total Stock Market rose 2.4% and 2.1%, respectively.

In the second quarter of 2024, active managers increased allocations in the digital sectors and health care.

In gambling, “advantage players” use legal techniques and expert knowledge to gain a winning edge over casinos.

When it comes to property sectors, US public equity REITs are "all in" on innovation. By adapting to the changing economic and commercial real estate landscapes, REITs have moved beyond the status quo with ongoing introductions of new property sectors.

Publicly traded REITs are providing transparency around key topics that are important to sustainability-focused investors, including documenting their approaches to risk management and performance reporting.

U.S. REITs raised $16.6 billion from secondary debt and equity offerings in the second quarter of 2024.

The FTSE Nareit All Equity REITs Index returned its strongest monthly performance of the year in July, posting a total return of 7.2% and outperforming broader markets.