Did You Have the Impression that 2015 Was a Bad Year for REITs? Guess Again.
Anybody could be forgiven for having the impression that 2015 was a bad year for REIT investors. It was full of headlines about the impending increase in interest rates, and equally full of speculation that the Fed’s action would spell trouble for real estate. But REITs—especially the market-dominating equity REITs—outperformed during 2015. Does that surprise you? It shouldn’t: