Undervalutation of REIT Stocks Continues, Says Nareit's Case
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REIT stocks were modestly lower in October despite the sector’s solid fundamentals, according to Brad Case, Nareit senior vice president for research and industry information.
The total returns of the FTSE Nareit All REITs Index dropped 0.2 percent in October, while the S&P 500 posted a total return of 2.3 percent. For the first 10 months of 2017, total returns of the FTSE Nareit All REITs Index gained 6.6 percent, while the S&P 500 returned 17 percent.
Published at Fri, 03 Nov 2017 15:12:30 +0000