Office Markets had Positive Demand Growth in Third Quarter as CRE Recovery Broadened
Office markets showed their first signs of recovery with rising demand and positive rent growth, and demand growth more than doubled for retail properties
REITs Rose Last Week
Last week’s increase raised the year-to-date returns above 30%, to 30.2%.
Robust Rebound Lifted REITs Last Week
Last week’s gain, which came after five consecutive weeks of downward moves, brought year-to-date returns to 27.1%.
Disappointing September Jobs Report Suggests Pause in Return-to-Office
Many of the 19.6 million employees who continue to telecommute because of the pandemic are likely to return to the office in the first half of next year.
REIT Share Prices Little Changed Last Week
REIT share prices were little changed last week, with the FTSE Nareit All Equity REITs Index total return edging down 0.3%.
Real Estate and REIT Allocations in Sector Specialist Funds
The large specialist ownership base for REITs can help investors in direct and indirect ways.
Most REIT Sectors Moved Lower Last Week
Broader markets also fell, with a decline of 2.2% on both the Russell 1000 and the S&P 500.
Active Managers Increasing Allocations to Real Estate and REITs in Generalist Funds
The REIT underweight for generalist funds benchmarked against the S&P 500 declined from 114 basis points in 2016Q4 to just 62 basis points as of 2021Q2.
REITWatch is a monthly statistical publication intended to provide a snapshot of the REIT industry. It includes data derived from the FTSE Nareit U.S. Real Estate Index Series and the FTSE/EPRA Nareit Global Real Estate Index Series in addition to tracking the performance of individual REITs.
Morningstar Analysis Shows Importance of Meaningful REIT Allocations
Morningstar Associates’ analysis finds optimal portfolio allocations to REITs up to 13% in well-diversified portfolios.
REITs Outperform Private Equity Real Estate Funds
New research shows REITs win a majority of head-to-head comparisons between domestic and international private equity real estate funds and REITs.
2021 Midyear Outlook for REITs and Commercial Real Estate: A Robust Recovery Ahead
The underlying economic fundamentals for commercial real estate are gaining more momentum with a higher level of vaccine coverage, which is likely to boost REIT earnings growth over the remainder of this year.
Economic Contribution of REITs in the United States
REITs in the United States supported 2.6 million jobs in 2019.
Percentage of American Households Owning REIT Stocks Nearly Doubles Since 2001
The percentage of American households with REIT stocks has also nearly doubled from 23% to 44% through the last two decades.