Market Analysis & Research

REITs raised approximately $79.9 billion in 2025, a figure that does not include fourth quarter ATM issuance due to a lag in reporting.

The FTSE EPRA Nareit Developed Index posted a total return of 10.7% in 2025, while the FTSE EPRA Nareit Developed Extended Index returned 9.5% for the year.

REITs ended 2025 on a muted note, as the FTSE Nareit All Equity REITs Index fell 2.1% in December, finishing the year with a total return of 2.3%. The FTSE Nareit Mortgage REITs Index rose 16.0% for the year, led by the home financing sector with a total return of 26.4%.

REITs have been active property buyers and sellers throughout real estate cycles.

The global active manager tracker follows the quarterly investment holdings by the 25 largest actively managed funds invested globally.

Everyone loves a bargain. With the current Black Friday sales season in full swing, consumers are awash with opportunities to stretch their holiday shopping dollars. Investors also appreciate good values.

Broad equity and REIT market valuations diverge from time to time.

Nareit tracks quarterly investment holdings for the largest actively managed real estate investment funds focusing on REIT investment for insights into expert investor sentiment.