Sector Results: Storage and Residential REITs Lead

The Self-Storage and Residential property sectors led the overall REIT market in total returns in 2015. Self-Storage sector delivered a 40.65 percent total return for the year; Manufactured Homes delivered a 25.65 percent total return; and Apartments gained 16.45 percent.

Self-Storage, Manufactured Homes and Apartments have built a multi-year track record of double-digit total returns for their shareholders. The 3-year compound annual total return of the Self-Storage sector at December 31 was 26.50 percent; its 5-year annualized total return was 26.84 percent; and its 10-year annualized return was 17.74 percent.

Manufactured Homes reported a 3-year compound annual total return of 26.60 percent at December 31; a 5-year annualized total return of 21.21 percent; and a 10-year annualized return of 13.27 percent.

At year-end 2015, Apartments achieved a 3-year compound annual total return of 15.11 percent; a 5-year annualized return of 13.42 percent; and a 10-year annualized return of 10.89 percent.

Other property segments that outperformed the overall REIT market in 2015 were Free-Standing Retail, up 5.88 percent; Shopping Centers, up 4.72 percent; Regional Malls, up 4.23 percent; Infrastructure, up 3.74 percent; and Industrial, up 2.64 percent.

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