NAREIT Media:Press Releases
Survey by Altus Group, NAREIT and NCREIF reveals top commercial real estate investment choices of leading executives.
The total return of the U.S. Equity REIT market fell short of the S&P 500’s gain in 2016, while Mortgage REITs nearly doubled the total return of the broader equity market.
NAREIT today recognized the REIT industry’s leading companies in the area of sustainability over the past 12 months – the winners of its annual Leader in the Light Awards.
NAREIT today presented its 2016 Industry Leadership Award to David B. Henry, Co-Founder of Peaceable Street Capital and retired Vice Chairman, President and CEO of Kimco Realty Corp. NAREIT also presented its 2016 Industry Achievement Award to Steven Buller, Portfolio Manager at Fidelity Investments.
Funds From Operations Of Listed U.S. Equity REITs Fell 3.3% In Third Quarter, But Rose 6.8% Above Year-Ago Level
Operating performance of U.S. stock exchange-listed Equity REITs eased modestly in the third quarter, following increases in the first two quarters of the year.
U.S. REIT returns continued to outpace returns of the broader equity market in the first three quarters of 2016, according to the National Association of Real Estate Investment Trusts (NAREIT). The FTSE NAREIT All REITs Index, the broadest benchmark of the U.S. REIT industry containing both Equity and Mortgage REITs, delivered a 12.57 percent total return in the first nine months of 2016. The FTSE NAREIT All Equity REITs Index, delivered a total return of 12.31 percent in the same period, and the FTSE NAREIT Mortgage REITs Index delivered a total return of 20.16 percent. In comparison, the S&P 500’s total return was 7.84 percent.
New research from Wilshire Funds Management, sponsored by NAREIT and based on portfolio optimizations using 40 years of investment return data through 2015, showed that adding a range of high income-generating assets (including REITs) to a traditional retirement-stage portfolio could boost income returns by nearly 40 percent, while providing comparable total returns and no increase in risk.
Dozens of students from universities across North America are competing in the Real Confidence™ University Portfolio Challenge II, a year-long competition for university students to gain hands-on learning experience in public and private commercial real estate investing. The students will take part in an investment simulation competition to manage a $1 billion real estate portfolio, indexed to well-known real estate benchmarks.
The study provides a comprehensive review of investment allocations and actual investment performance across 12 asset groups. The analysis looks at fund performance over 17 years, the longest period for which CEM had data for some of the assets studied, and it utilizes a proprietary dataset covering more than 200 public and private sector pension plans with over $3 trillion in combined assets under management.