John Barwick

Over the past two decades, the structure of the economy has changed dramatically, and we see this most clearly in how work, shopping, and leisure are increasingly connected to the digital economy.

Financial markets continue to face the headwinds of tightening monetary policy and inflationary pressures driven by food and energy prices.

U.S. REITs raised $13.6 billion from secondary debt and equity offerings in the second quarter of 2022, down from $27.5 billion raised during the same period in 2021.

REITs outperformed broader markets by nearly 1.3% in June, as the Federal Reserve hiked interest rates by 75 basis points and signaled a more aggressive approach to fighting inflation in the coming months.

The FTSE EPRA/Nareit Global Real Estate Index Series underperformed broader markets in May as turbulent trading conditions persisted.

REITs underperformed broader markets for the month of May but outperformed on a year-to-date basis as equity markets continued to be buffeted by heightened volatility.

The FTSE EPRA/Nareit Global Real Estate Index Series outperformed broader markets in April.

Disappointing earnings from the some of the largest companies outside of the REIT space weighed heavily on REITs at the close of the month.

U.S. REITs raised $25.4 billion from IPOs and secondary debt and equity offerings in the first quarter of 2022.

March returns total 7.4% for the FTSE Nareit All Equity REITs Index and 6.5% for the FTSE Nareit Equity REITs Index.

The additions, deletions and classification changes will be applied on Friday, Mar. 18, 2022.

U.S. REITs raised more than $126 billion from IPOs and secondary debt and equity offerings in 2021, a new record for annual capital raising.