REIT returns reversed a four-month downward trend in December as concerns about rising interest rates eased, market watchers said.
The FTSE/NAREIT All REIT Index had a total return of 4.2 percent in December, while the S&P 500 index return was 2.0 percent. Total returns of the FTSE/NAREIT All Equity Index were 4.5 percent in December, while total returns of the FTSE NAREIT Mortgage REITs Index were 0.7 percent.