NAREIT Commercial Property Update 2015:Q2
The apartment sector enjoys solid demand in the face of moderate increases in supply of new units, keeping vacancy rates low and supporting rent growth. Office and retail sectors showed little improvement in vacancy rates, but maintained rent growth. Economic fundamentals are supportive of continued improvement in commercial real estate markets.
REITs: Real Estate With a Return Premium
A NAREIT analysis of the performance of publicly traded equity REITs and private equity core, value-added and opportunistic funds over the last full real estate cycle shows REITs outperformed private equity real estate funds over the entire cycle, as well as over the bull market portion of the cycle when value-added and opportunistic funds’ higher leverage would have been expected to deliver superior returns.