Specialty REITs

Specialty REITs own and manage a unique mix of property types and collect rent from tenants. Specialty REITs own properties that don’t fit within the other REIT sectors. Examples of properties owned by specialty REITs include movie theaters, casinos, farmland and outdoor advertising sites.

  • Overview
    12/31/2019, FTSE
    • Number of REITs
      11
    • Total Market Cap ($M)
      $53,374
    • Dividend Yield
      6.15%
    • YTD Total Return
      27.39%
    • December Total Return
      4.95%
    • 2019 Total Return
      27.39%
  • Quarterly Data
    • Q3 2019
      2018
    • FFO ($M)
      Q3 2019: $905
      2018: $3,404
    • NOI ($M)
      Q3 2019: $1,866
      2018: $6,761
    • Dividends paid ($M)
      Q3 2019: $821
      2018: $2,977

Specialty REITs

  • Lamar Advertising Company Lamar Advertising Company
    LAMR Baton Rouge, Louisiana
    Specialty
    Stock Price: $93.75
    1 Year Total Return: 33.85%
    As of market close on 1/27/2020
  • Safehold Inc. Safehold Inc.
    SAFE New York, New York
    Specialty
    Stock Price: $45.41
    1 Year Total Return: 179.41%
    As of market close on 1/27/2020
  • Gaming and Leisure Properties, Inc. Gaming and Leisure Properties, Inc.
    GLPI Wyomissing, Pennsylvania
    Specialty
    Stock Price: $45.97
    1 Year Total Return: 35.26%
    As of market close on 1/27/2020
  • OUTFRONT Media Inc. OUTFRONT Media Inc.
    OUT New York, New York
    Specialty
    Stock Price: $30.23
    1 Year Total Return: 55.97%
    As of market close on 1/27/2020
  • EPR Properties EPR Properties
    EPR Kansas City, Missouri
    Specialty
    Stock Price: $72.08
    1 Year Total Return: 7.36%
    As of market close on 1/27/2020
  • The GEO Group The GEO Group
    GEO Boca Raton, Florida
    Specialty
    Stock Price: $16.02
    1 Year Total Return: -19.91%
    As of market close on 1/27/2020

 

News about this sector

  • Nareit Video
    1/16/2020

    VICI Properties Reaching New Geographic Markets Through Diverse Tenant Base

    CEO Ed Pitoniak sees significant uptick in visits to gaming assets.
  • News Article
    1/14/2020

    MGM Growth Properties, BREIT Agree to Form $4.6 Billion Joint Venture

    Joint venture will buy Las Vegas real estate assets of MGM Grand and Mandalay Bay.

  • Nareit Video
    12/10/2019

    MGM Growth Properties Sees Gaming Industry Transaction Volume Reaching $50 Billion

    CEO James Stewart says recent Blackstone deal “shines a light” on asset quality.

  • Nareit Video
    12/5/2019

    Safehold Prospering in Niche Ground Lease Segment

    CIO Marcos Alvarado points to strong stock performance in 2019.

  • News Article
    11/25/2019

    EPR Properties Sells Charter School Assets as it Shifts Focus to Experiential Real Estate

    CEO Greg Silvers says REIT is looking at potential casino resort investments.