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
    4/30/2019, FTSE
    • Number of REITs
      36
    • Total Market Cap ($M)
      $170,552
    • Dividend Yield
      4.82%
    • YTD Total Return
      10.41%
    • April Total Return
      -3.51%
    • 2018 Total Return
      -4.96%
  • Quarterly Data
    • Q4 2018
      2018
    • FFO ($M)
      Q4 2018: $3,515
      2018: $14,117
    • NOI ($M)
      Q4 2018: $4,305
      2018: $17,273
    • Dividends paid ($M)
      Q4 2018: $2,561
      2018: $10,209
    • SS NOI
      Q4 2018: 0.90%
      2018:
    • Occupancy Rate
      Q4 2018: 95.30%
  • Performance Details
    • Net Absorption (sq. ft.)
      8,242,907
    • Net Completions (sq. ft.)
      8,687,435
    • Occupancy Rate
      95.60%
    • Rent Growth YoY
      1.50%
    • Property Price Index over 5yrs
      25.70%

Retail REITs

 

News about this sector

  • REIT Magazine
    5/9/2019

    Simon’s Culture of Innovation Keeps the Mall REIT Ahead of Retail Trends

    Simon’s culture of innovation reinforces long-term success.

  • REIT Magazine
    5/9/2019

    The New Mall Attracting a Younger Generation

    Today’s malls are driven by experiences, activities consumers can’t easily replicate online.

  • REIT Magazine
    5/8/2019

    Kimco Realty’s Five Steps to Become a Great Place to Work

    Kimco’s human resources and executive teams have long been focused on growing the REIT’s social programs for employees, which today include everything from financial rewards for healthy living to college scholarships.

  • Nareit Video
    5/2/2019

    Duff & Phelps Analyst Positive on REIT Valuations

    Duff & Phelps’ Ross Prindle sees opportunities in retail REITs.

  • The REIT Report Podcast
    5/2/2019

    PREIT Hitting Development Milestones in 2019

    CEO Joe Coradino says some projects date back almost 15 years.