Market Commentary
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REITWatch
REITWatch is a monthly statistical publication intended to provide a snapshot of the REIT industry. It includes data derived from the FTSE Nareit U.S. Real Estate Index Series and the FTSE/EPRA Nareit Global Real Estate Index Series in addition to tracking the performance of individual REITs.
Actively Managed Real Estate Fund Tracker: 2024Q3
Nareit tracks quarterly investment holdings for the 26 largest actively managed real estate investment funds focusing on REIT investment for insights into expert investor sentiment.
Landings, Reunions, and Revivals: Keys to the U.S. Property and REIT Outlooks
With softening fundamentals, a lingering public-private valuation problem, and muted property transaction activity, the U.S. commercial real estate market appears to be stuck in a period of stagnation.
Occupancy Rates, Momentum, and the Weight of Property Fundamentals
In today’s economy, the pace of inflation has moderated, economic growth has remained healthy, the unemployment rate has held steady, the prospects of recession have lessened, and expectations for continued monetary policy easing have proliferated.
REITs and Broad Market Equities Declined in October
The FTSE Nareit All Equity REITs Index fell 3.6% in October, underperforming the broader stock market as the Dow Jones U.S. Total Stock Market and Russell 1000 declined 0.7%.
Norges Bank Investment Management Uses REITs as Strategic Component in Real Estate Allocation
Norges Bank Investment Management’s real estate investment strategy combines 50% REITs and 50% private real estate investments to enhance diversification, access new and emerging property sectors, and optimize cost management.
PGIM Helps Australian Superannuation Fund Improve Diversification Using REITs
An Australian superannuation fund identified critical gaps in both property types and geographies within its commercial real estate portfolio.
REITs Raised $23.3 Billion Through Secondary Offerings and IPOs in 2024: Q3
U.S. REITs raised $23.3 billion from secondary debt and equity offerings in the third quarter of 2024; $15.4 billion came from debt, $5.1 billion was raised in one IPO, and $2.8 billion came from secondary common and preferred equity offerings.
REITs Outperformed Broader Markets in the Third Quarter
The FTSE Nareit All Equity REITs Index rose 3.2% in September, continuing to outperform the broader stock market as the Dow Jones U.S. Total Stock Market and Russell 1000 each rose 2.1%.