Retail REITs

Retail REITs own and manage retail real estate and rent space in those properties to tenants. Retail REITs include REITs that focus on large regional malls, outlet centers, grocery-anchored shopping centers and power centers that feature big box retailers. Net lease REITs own freestanding properties and structure their leases so that tenants pay both rent and the majority of operating expenses for a property.

  • Overview
    As of 1/31/2018, FTSE
    • Number of REITs
      33
    • Total Market Cap ($M)
      $176,404
    • Dividend Yield
      4.94%
    • YTD Total Return
      -6.35%
    • January Total Return
      -6.35%
    • 2017 Total Return
      -4.77%
  • Quarterly Data
    • Q3 2017
      2016
    • FFO ($M)
      Q3 2017: $3,383
      2016: $13,411
    • NOI ($M)
      Q3 2017: $4,324
      2016: $17,091
    • Dividends paid ($M)
      Q3 2017: $2,384
      2016: $9,427
    • SS NOI
      Q3 2017: 1.75%
      2016:
    • Occupancy Rate
      Q3 2017: 95.70%
  • Performance Details
    • Net Absorption (sq. ft.)
      31,538,144
    • Net Completions (sq. ft.)
      16,632,784
    • Occupancy Rate
      95.40%
    • Rent Growth YoY
      2.00%
    • Property Price Index over 5yrs
      40.52%

Retail REITs

 

News about this sector

  • Nareit Video
    2/1/2018

    Forest City Sustainability Executive Stresses Need for Local Community Engagement

    Forest City’s Jill Ziegler says REIT addressing health and wellness across portfolio.

     

  • REIT Magazine
    1/26/2018

    REIT Sustainability All-Stars

    2017 Leader in the Light Award winners are using unique strategies to enhance their ESG programs.

  • REIT Magazine
    1/26/2018

    Westfield World Trade Center Continues Rebirth of Lower Manhattan

    Beyond its primary public partnership with the Port Authority, Westfield worked with diverse public and private local entities—large and small—focusing on the area’s revitalization.

  • The REIT Report Podcast
    1/25/2018

    Multifamily REITs a Sector to Watch

    Richard Anderson

    Analyst Richard Anderson of Mizuho reviews the tops stories in the REIT market from 2017 and looks ahead to the rest of 2018.

  • Nareit Video
    1/11/2018

    National Retail Properties Focused on Direct, Off-Market Retail Relationships

    Julian Whitehurst

    CEO says off-market business providing stable acquisition pipeline.