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
    6/30/2020, FTSE
    • Number of REITs
      39
    • Dividend Yield
      7.73%
    • YTD Total Return
      -36.81%
    • June Total Return
      13.24%
    • 2020 Total Return
      -34.47%
  • Quarterly Data
    • Q4 2019
      2019
    • FFO ($M)
      Q4 2019: $3,492
      2019: $13,410
    • NOI ($M)
      Q4 2019: $4,400
      2019: $16,986
    • Dividends paid ($M)
      Q4 2019: $2,453
      2019: $10,317
    • SS NOI
      Q4 2019: 0.68%
      2019:
    • Occupancy Rate
      Q4 2019: 94.60%
  • Performance Details
    • Net Absorption (sq. ft.)
      10,790,863
    • Net Completions (sq. ft.)
      11,958,653
    • Occupancy Rate
      95.50%
    • Rent Growth YoY
      2.10%
    • Property Price Index over 5yrs
      16.33%

Retail REITs

 

News about this sector

  • Nareit Video
    6/30/2020

    REIT Management Teams Have Learned Important Lessons from Great Financial Crisis

    Capital One’s Greg Steele says focus in recent months has been on managing cash and liquidity.

  • Nareit Video
    6/29/2020

    Cedar Realty Trust Showing Strong Rent Collections Through Spring

    CEO Bruce Schanzer said the REIT collected 73% of April rent and 71% of May rent.
  • Nareit Video
    6/29/2020

    Alpine Income Property Trust Benefited from Announcing IPO Pre-COVID-19

    CEO John Albright said the REIT has had the advantage of low leverage and cash on its balance sheet throughout the pandemic.

  • Nareit Video
    6/22/2020

    Strong Balance Sheet Helping Realty Income Weather Pandemic

    CEO Sumit Roy says the REIT has $1.2 billion of cash on its balance sheet.
  • Nareit Video
    6/22/2020

    Seritage Sees Its Breadth and Diversity of Assets as Key Benefit Post-Pandemic

    CEO Benjamin Schall says the differentiator allows Seritage to find constructive buyers.