Media brief

Mortgage REITs continued to lead the U.S. REIT market’s performance through the first eight months of 2017.

Public equity offerings were primarily responsible for a significant increase in capital raised by REITs in the first seven months of 2017 compared to the same period in 2016. 

The Data Centers, Infrastructure and Manufactured Homes property segments led the REIT market’s stock market performance in the first seven months of 2017, each with total returns exceeding 20 percent.

The FTSE NAREIT All REITs Index gained 6.69 percent on a total return basis in the first seven months of 2017. Mortgage REITs continued to outperform Equity REITs and the broader equity market in the first seven months

The FTSE NAREIT All Equity REITs Index grew to $986.1 billion at the end of April 2017, up from $914 billion at the end of April 2016.

Home Financing REITs led the REIT market with a 10.72 percent dividend yield at the end of April 2017.

Data Centers led the entire REIT market’s performance in the first four months of 2017 with an 18.03 percent total return, and Home Financing REITs led the Mortgage REIT market with a 16.82 percent return.

Mortgage REITs’ total returns on average continued to outpace the S&P 500’s in April 2017 and doubled the performance of the broad market index in the first four months of the year.

Publicly listed REITs raised more capital in the first quarter of 2017 than in any quarter since the second quarter of 2014.

Income investors continued to find REITs attractive in the first quarter of 2017. 

Home Financing REITs delivered a 12.19 percent gain to outpace the overall FTSE NAREIT Mortgage REITs Index in the first quarter, while Commercial Financing REITs gained 6.47 percent.

Mortgage REIT returns outperformed Equity REITs and the broader equity market in the first quarter of 2017.