REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers and hotels.
The REIT Industry Sustainability Report 2024 includes industry trends, REIT sustainability reporting data and analysis, as well as useful information on the publicly traded U.S. REIT industry’s primary sustainability, social responsibility, and governance practices.
REITs directly employed an estimated 331,000 FTE employees who earned $31.1 billion of labor income in the U.S.
At the end of 2023, U.S. public REITs owned an estimated 580,000 properties—up 1% from the previous year—and 15 million acres of timberland across the U.S.
REITworld 2024, scheduled for Nov. 18-21 in Las Vegas, NV, will bring together REIT management teams, investors, and analysts for topical sessions, one-on-one meetings, and networking.
For 60 years, Nareit has led the U.S. REIT industry by ensuring its members’ best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking.
Data from CoStar and S&P Global Market Intelligence show REITs have very little exposure to WeWork.
REITs issued $19.2 billion in secondary offerings of common equity during the first half of 2019, which is more than they raised during the entire year of 2018.
REITs have strengthened their balance sheets over the past decade, with average leverage and interest expense to NOI falling to historical lows. Averages, however, don’t reveal what is going on in the tails and if there are hidden pockets of risks.
The JOLTS report on labor market turnover can help shed light on the outlook for the economy and for real estate.
Commercial property prices can be a double-edged sword. When they are rising, they can provide investors with solid capital gains above and beyond the income received from rents. But if they rise too rapidly and get ahead of fundamentals, investors risk losses from falling prices.
Real estate rents and values tend to increase when prices do, due in part to the fact that many leases are tied to inflation.
How likely is it that the current slowing could lead to a recession? How exposed are real estate markets and REITs to deteriorating macroeconomic fundamentals?
The economic fundamentals for CRE markets maintained momentum in Q3, with GDP growth on trend and modest job gains.
Earnings growth broadened across the REIT sector in the third quarter, with 65.9% of REITs reporting higher FFO than one year ago.
Nonfarm payrolls rose 266,000 in November, well above consensus forecasts and the strongest gain since January.
Today’s economic environment has no historical precedent. What markers can we rely on as the economy and commercial real estate move into uncharted waters?
REITs were first deemed eligible for inclusion in the S&P 500 in October 2001.
Equity REITs raised $3.4 billion in the third quarter of 2019 through at-the-market programs, just shy of a record high.
In 2019, completed and pending mergers and acquisitions of U.S. REITs declined to $25.9 billion.
The FTSE Nareit U.S. Real Estate Index Series posted positive total return performance across all property sectors in 2019.
Compared against broad market benchmarks, REITs outperformed the Dow Jones U.S. Total Stock Market by 1.4 percentage points, large cap S&P 500 by 1.3 percentage points, and the small cap Russell 2000 by 4.47 percentage points in January 2020.