The FTSE Nareit All Equity REITs index declined narrowly, with a total return of -0.1% for the week ending Dec. 3, while the FTSE Nareit Equity REITs index declined -0.3%. Year-to-date total returns for All Equity REITs stands at 30.1% and 32.6% for Equity REITs. Broader markets declined more substantially, with a total return of -1.7% on the Russell 1000, which has a year-to-date total return of 20.5%.
REIT property sector performance was mixed. Industrial led with a total return of 2.7%, with self storage following at 2.1% and infrastructure at 0.9%. Lodging/resorts and retail both lagged with total returns of -4.5% and -3.1%, respectively.
Mortgage REITs also declined, with returns of -2.3% for home financing mREITs and -1.7% for commercial financing mREITs.