REITWatch
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.
Norges Bank Investment Management Uses REITs as Strategic Component in Real Estate Allocation
Norges Bank Investment Management’s real estate investment strategy combines 50% REITs and 50% private real estate investments to enhance diversification, access new and emerging property sectors, and optimize cost management.
PGIM Helps Australian Superannuation Fund Improve Diversification Using REITs
An Australian superannuation fund identified critical gaps in both property types and geographies within its commercial real estate portfolio.
REITs Raised $23.3 Billion Through Secondary Offerings and IPOs in 2024: Q3
U.S. REITs raised $23.3 billion from secondary debt and equity offerings in the third quarter of 2024; $15.4 billion came from debt, $5.1 billion was raised in one IPO, and $2.8 billion came from secondary common and preferred equity offerings.
REITs Outperformed Broader Markets in the Third Quarter
The FTSE Nareit All Equity REITs Index rose 3.2% in September, continuing to outperform the broader stock market as the Dow Jones U.S. Total Stock Market and Russell 1000 each rose 2.1%.
Tax Treatment of REIT Common Share Dividends Paid in 2023
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 3.5 Million Jobs in 2023
REITs supported an estimated 3.5 million fulltime equivalent jobs in the U.S. in 2023, producing $278 billion in labor income.
REITs Own 580,000 Properties in the U.S.
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 Long Goodbye to the Divergence in Public and Private Real Estate Valuations
The tenure of the recovery from the current divergence in public and private real estate valuations is now approaching two years.