Market Analysis & Research

Active managers of global real estate funds make strategic use of both geography and property sectors in investing over time.

The FTSE EPRA Nareit Developed Extended Index posted a total return of 0.5% in September. 

The FTSE Nareit All Equity REITs Index rose 0.4% in September as the Federal Reserve, noting the softening labor market, cut the federal funds rate by 25 basis points.

For 60 years, investors have flocked to the Berkshire Hathaway Annual Shareholders Meeting.

As highlighted in a recent Nareit commentary, the current lingering public-private real estate valuation divergence has been an unwanted visitor for commercial real estate (CRE).

The new global active manager tracker follows the quarterly investment holdings of the largest actively managed funds invested globally, not just in the U.S.

Active managers in the REIT space differ significantly from those in private real estate principally in their investment in non-traditional property sectors. 

In the third quarter of 2024, material progress had been made in closing the gap between REIT implied and private appraisal cap rates, but then markets changed.

The FTSE EPRA Nareit Developed Extended Index rose 3.7% in August, led by Asia and North America.

The FTSE Nareit All Equity REITs Index rose 3.3% in August, outperforming the broader stock market. The Dow Jones U.S. Total Stock Market rose 2.3% and the Russell 1000 rose 2.1% for the month.

Nareit’s annual update of REIT property counts and estimated gross asset values by state and property sector is now available on the REITs Across America website.

Although the economic, financial, and property markets have experienced considerable changes over the last few years, REIT operational performance has maintained resilience.