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
    6/30/2020, FTSE
    • Number of REITs
      11
    • Dividend Yield
      6.72%
    • YTD Total Return
      -24.03%
    • June Total Return
      1.64%
    • 2020 Total Return
      -17.87%
  • Quarterly Data
    • Q4 2019
      2019
    • FFO ($M)
      Q4 2019: $811
      2019: $3,483
    • NOI ($M)
      Q4 2019: $1,869
      2019: $7,290
    • Dividends paid ($M)
      Q4 2019: $836
      2019: $3,273

Specialty REITs

  • Gladstone Land Corporation Gladstone Land Corporation
    LAND Mc Lean, Virginia
    Specialty
    Stock Price: $16.11
    1 Year Total Return: 43.59%
    As of market close on 7/15/2020
  • Iron Mountain Iron Mountain
    IRM Boston, Massachusetts
    Specialty
    Stock Price: $27.60
    1 Year Total Return: -1.57%
    As of market close on 7/15/2020
  • Farmland Partners Inc. Farmland Partners Inc.
    FPI Denver, Colorado
    Specialty
    Stock Price: $7.05
    1 Year Total Return: 13.02%
    As of market close on 7/15/2020
  • The GEO Group The GEO Group
    GEO Boca Raton, Florida
    Specialty
    Stock Price: $12.15
    1 Year Total Return: -27.26%
    As of market close on 7/15/2020
  • VICI Properties, Inc. VICI Properties, Inc.
    VICI New York, New York
    Specialty
    Stock Price: $21.19
    1 Year Total Return: -0.14%
    As of market close on 7/15/2020
  • OUTFRONT Media Inc. OUTFRONT Media Inc.
    OUT New York, New York
    Specialty
    Stock Price: $14.22
    1 Year Total Return: -43.73%
    As of market close on 7/15/2020

 

News about this sector

  • Nareit Video
    6/22/2020

    VICI Sees Pick-up in Demand for Experiential Real Estate Post-COVID

    CEO Ed Pitoniak says the REIT was candid with investors about uncertainties but expects gaming to have a strong reopening.

  • Nareit Video
    6/5/2020

    Gladstone Land CEO Says Farm Tenants in “Great Shape”

    David Gladstone expects produce prices to remain elevated until economy opens further.

  • Nareit Video
    5/29/2020

    Safehold Gaining Ground as Portfolio Growth Exceeds 100%

    CEO Jay Sugarman says REIT’s strategy is even more attractive in current environment.

  • Nareit Video
    5/26/2020

    Iron Mountain Pivots for Work-from-Home Customers

    CEO Bill Meaney says the REIT has had the opportunity to deploy scanning and artificial intelligence services that were developed before the pandemic.
  • REIT Magazine
    3/24/2020

    Spotlighting EPR Properties

    EPR Properties has been in the business of experiential real estate for more than two decades, and CEO Greg Silvers wants to build the most diverse platform available.