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 4/30/2018, FTSE
    • Number of REITs
      33
    • Total Market Cap ($M)
      $165,820
    • Dividend Yield
      5.38%
    • YTD Total Return
      -11.17%
    • April Total Return
      0.08%
    • 2017 Total Return
      -4.77%
  • Quarterly Data
    • Q4 2017
      2017
    • FFO ($M)
      Q4 2017: $3,577
      2017: $13,475
    • NOI ($M)
      Q4 2017: $4,445
      2017: $17,339
    • Dividends paid ($M)
      Q4 2017: $2,521
      2017: $9,826
    • SS NOI
      Q4 2017: 1.44
      2017:
    • Occupancy Rate
      Q4 2017: 95.82
  • Performance Details
    • Net Absorption (sq. ft.)
      13,414,128
    • Net Completions (sq. ft.)
      13,040,357
    • Occupancy Rate
      95.40%
    • Rent Growth YoY
      1.80%
    • Property Price Index over 5yrs
      36.40%

Retail REITs

 

News about this sector

  • REIT Magazine
    5/10/2018

    How Important is it for Your Company to Provide Investors With Forward Guidance?

    "Shared expectations are good, and guidance may temper overly optimistic, or overly dour, outlooks by some.  It places expectations on management to achieve."

  • REIT Magazine
    5/9/2018

    For American Assets Trust, West is Best

    American Assets Trust, Inc. has stuck to a core tenet since its initial public offering in 2011—that West Coast and Hawaii-focused investment is key to building wealth in real estate.

  • REIT Magazine
    5/9/2018

    Kimco Realty Helps Put Dania Beach on the Map

    Developing the new Dania Pointe presented a unique opportunity for the city’s partner—New York-based REIT Kimco —to expand within the Florida market.

  • Nareit Video
    4/17/2018

    Financially Prudent Retail REITs Can Differentiate Themselves, Green Street Says

    Green Street’s DJ Busch says portfolios today are “much higher quality.”

  • News Article
    4/6/2018

    Green Street Says Real Estate Fundamentals Healthy but Appreciation Has Slowed

    Green Street sees higher cap rates in all sectors except industrial.