Free Standing Retail REITs, a property segment made up primarily of REITs that lease properties on a triple net lease basis, delivered an 18.69 percent total return in the first quarter of 2016, more than three times the gain of the FTSE NAREIT All Equity REITs Index. Other property categories that outperformed the index in the quarter were Specialty REITs, up 14.83 percent; Data Centers, up 14.29 percent; Self Storage, up 10.85 percent; Shopping Centers, up 8.00 percent; Manufactured Homes, up 7.70 percent; Industrial, up 6.49 percent; and Lodging/Resorts, which gained 6.09 percent on a total return basis. Home Financing Mortgage REITs delivered a 7.49 percent total return for the first quarter of the year.

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