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
    6/30/2019, FTSE
    • Number of REITs
      12
    • Total Market Cap ($M)
      $49,812
    • Dividend Yield
      6.39%
    • YTD Total Return
      17.83%
    • June Total Return
      1.20%
    • 2018 Total Return
      -6.68%
  • Quarterly Data
    • Q1 2019
      2018
    • FFO ($M)
      Q1 2019: $921
      2018: $3,387
    • NOI ($M)
      Q1 2019: $1,840
      2018: $6,752
    • Dividends paid ($M)
      Q1 2019: $800
      2018: $2,975

Specialty REITs

 

News about this sector

  • Nareit Video
    7/3/2019

    Gladstone Land CEO Sees Long-Term Stability in Farmland Prices

    CEO David Gladstone also points to strong acquisition pipeline.

  • Nareit Video
    6/24/2019

    VICI Properties in $3.2 Billion Transaction with Eldorado Resorts

    VICI will acquire Harrah’s assets and modify existing lease agreements.

  • Nareit Video
    6/14/2019

    Safehold Ground Lease Concept Gaining Traction in Market, CEO Says

    CEO Jay Sugarman says REIT actively relaying business strategy to investors.

  • Nareit Video
    4/8/2019

    Former REIT CEO Advises Management Teams to Build Trust with Their Boards

    Strong working relationships are built through transparency, says former ProLogis CEO Walter Rakowich.

  • The REIT Report Podcast
    3/18/2019

    REITs Playing Key Role in Life Science Industry Momentum

    CBRE’s Ian Anderson says the life science industry is growing at its fastest pace in 18 years.