The Market Commentary blog on reit.com presents analysis of the macro- and micro-economic fundamentals impacting the REIT and commercial real estate industry. The Nareit economics team offers their commentary on the state of the market, the outlook for commercial real estate and breaking macroeconomic news. The opinions set forth here are solely those of its author(s), and do not necessarily reflect the views of the Nareit or its membership.
REIT ESG Performance and Disclosure Improvements
REITs are making great strides in ESG by working to enhance ESG data and disclosure.
REITs Support Completion Portfolios with Increased Returns and Lower Volatility
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.
REITs Outperform Stocks as Economy Experiences High Inflation in June 2022
The Bureau of Labor Statistics (BLS) released the June 2022 Consumer Price Index (CPI) data showing continued high inflation at 9.1% annually.
Global Real Estate Narrowly Outperforms Broader Markets in June
Financial markets continue to face the headwinds of tightening monetary policy and inflationary pressures driven by food and energy prices.
REIT Capital Market Update: June 2022
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.
Despite Declines, REITs Outperformed Broader Markets in June
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.
How Geography and Commute Times Affect Work from Home
According to data from Google on all workers and Kastle on office workers, workers in gateway cities are more likely to work from home.
How Much are Americans Working from Home?
Evidence is emerging that hybrid or remote work is becoming a permanent feature for many office workers.
Global Real Estate Underperforms Broader Markets as Volatility Persists
The FTSE EPRA/Nareit Global Real Estate Index Series underperformed broader markets in May as turbulent trading conditions persisted.
REIT Earnings Review: 2019Q4-2022Q1
Charting the change in REIT earnings, represented as funds from operations over the course of the pandemic.
REITs Underperformed Broader Markets in Another Volatile Month for Equities
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.
REITs Post Record High FFO in the First Quarter of 2022
REIT earnings, as measured by funds from operations, increased 30.9% from the previous year to a record high of over $18 billion in the first quarter of 2022, according to the Nareit T-Tracker®.