REIT returns climbed in March and outpaced the broader market as investors remained encouraged by the outlook for fundamentals in the sector, according to analysts.
The FTSE NAREIT All REITs Index had a total return of 1.2 percent in March, while the S&P 500 Index slipped 1.6 percent. The 10-year Treasury note dropped 0.1 percent in the month.
For the year, the FTSE NAREIT All REITs Index is up 4.1 percent, whereas the S&P 500 is up 1.0 percent.