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
    3/31/2020, FTSE
    • Number of REITs
      38
    • Dividend Yield
      9.91%
    • YTD Total Return
      -48.74%
    • March Total Return
      -42.68%
    • 2020 Total Return
      -50.43%
  • 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

  • CBL Properties CBL Properties
    CBL Chattanooga, Tennessee
    Retail
    Stock Price: $0.24
    1 Year Total Return: -84.29%
    As of market close on 4/8/2020
  • Washington Prime Group Washington Prime Group
    WPG Columbus, Ohio
    Retail
    Stock Price: $0.84
    1 Year Total Return: -80.39%
    As of market close on 4/8/2020
  • PREIT PREIT
    PEI Philadelphia, Pennsylvania
    Retail
    Stock Price: $0.85
    1 Year Total Return: -82.99%
    As of market close on 4/8/2020
  • Cedar Realty Trust, Inc. Cedar Realty Trust, Inc.
    CDR Port Washington, New York
    Retail
    Stock Price: $0.76
    1 Year Total Return: -75.59%
    As of market close on 4/8/2020
  • American Finance Trust Inc. American Finance Trust Inc.
    AFIN New York, New York
    Retail
    Stock Price: $6.48
    1 Year Total Return: -32.46%
    As of market close on 4/8/2020
  • RPAI RPAI
    RPAI Oak Brook, Illinois
    Retail
    Stock Price: $5.34
    1 Year Total Return: -53.60%
    As of market close on 4/8/2020

 

News about this sector

  • News Article
    4/8/2020

    Flight to Quality in Retail Real Estate Expected Post-Crisis

    Moody’s webinar says tenants will opt for best-performing malls.

  • News Article
    3/31/2020

    STORE Capital Sees Rebound in Middle Market Following Coronavirus Crisis

    CEO Chris Volk also sees need for widespread availability of business interruption insurance.

  • REIT Magazine
    3/25/2020

    Net Lease Retail Offers Tenants Flexibility

    A triple net lease is attractive to tenants as it lowers the rent compared to a gross lease.

  • News Article
    2/10/2020

    Simon Property Group to Acquire Taubman Centers

    Simon says deal will enable Taubman to invest in innovative retail environments.

  • REIT Magazine
    2/4/2020

    REIT ESG Leaders Raise the Bar

    Nareit’s 2019 Leader in the Light Awards winners are leading the way in ESG.