- December 1, 2016: Vol. 28, Number 11

To read this full article you need to be subscribed to Institutional Real Estate Americas

REITs fall sharply in October

by Loretta Clodfelter

U.S. equity REITs dropped 5.11 percent in October, according to the FTSE NAREIT All Equity REITs Index, as nearly every property sector declined. Year-to-date, REITs are still in positive territory with a total return of 6.57 percent. The prospect of rising interest rates may be worrying investors in the sector, which also saw declines in September and August. Despite REIT investor jitters, commercial real estate fundamentals continue to appear strong.

The best-performing sector in October was infrastructure, which held virtually flat at 0.03 percent, according to FTSE NAREIT. The worst-performing sector was regional malls, with a total return of –10.15 percent. Year-to-date, industrial REITs have outperformed, with a total return of 26.71 percent in the first 10 months of the year. Single-family home REITs also have performed well, with a total return of 26.63 percent.


Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy