U.S. REITs rose 4.05 percent in July, according to the FTSE Nareit Equity REITs Index, but are down 15.42 percent in the first seven months of the year. In June, the FTSE Nareit Equity REIT Index advanced 3.1 percent.
Some of the strongest performance was provided by industrial REITs, which advanced 12.43 percent, and data center REITs, which rose 12.21 percent. The industrial and logistics sector is forecast to make one of the fastest comebacks amid the COVID-19 pandemic. In particular, the industrial sector is being supported by the rise in ecommerce. According to JLL, as much as 50 percent of industrial leasing this year can be attributed to the ecommerce sector. Data centers have also been well posit