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
    10/31/2019, FTSE
    • Number of REITs
      37
    • Total Market Cap ($M)
      $178,107
    • Dividend Yield
      4.83%
    • YTD Total Return
      15.13%
    • October Total Return
      1.72%
    • 2018 Total Return
      -4.96%
  • Quarterly Data
    • Q2 2019
      2018
    • FFO ($M)
      Q2 2019: $3,199
      2018: $14,047
    • NOI ($M)
      Q2 2019: $4,226
      2018: $17,254
    • Dividends paid ($M)
      Q2 2019: $2,878
      2018: $10,227
    • SS NOI
      Q2 2019: 1.54%
      2018:
    • Occupancy Rate
      Q2 2019: 94.88%
  • Performance Details
    • Net Absorption (sq. ft.)
      8,399,518
    • Net Completions (sq. ft.)
      10,323,912
    • Occupancy Rate
      95.46%
    • Rent Growth YoY
      1.31%
    • Property Price Index over 5yrs
      21.75%

Retail REITs

 

News about this sector

  • News Article
    11/15/2019

    REITs Looking Ahead on ESG Matters

    REITworld: 2019 panel say talent, data, diversity & inclusion, and scale are issues to watch.

  • REIT Magazine
    11/4/2019

    Renovating Four REIT-owned Landmarks

    Four notable REIT-owned properties undergo makeovers to enhance their market appeal.

  • REIT Magazine
    9/30/2019

    Realty Income Celebrates 50 Years of Monthly Dividends

    Realty Income looks to new markets and a larger shareholder base as it turns 50.

  • Nareit Video
    7/24/2019

    Kite Realty Group Trust’s Anchor Business Flourishing

    CEO John Kite says the company has signed 20 new anchor leases in the past two years.

  • Nareit Video
    7/22/2019

    InvenTrust Properties Prepares for the Grocery Store of the Future

    CEO Thomas McGuinness says it could include delivery via driverless cars and the use of virtual reality glasses.