REITs posted a strong upswing in March, outpacing broader market gains as investor concerns about global macroeconomic issues eased during the month, according to market observers.
The total returns of the FTSE/NAREIT All REIT Index rose 10 percent in March, while the S&P 500 Index added 6.8 percent. For the year to April 1, the total returns of the FTSE/NAREIT All REIT Index are 5.9 percent, while the S&P 500 Index is 2.0 percent higher. The yield on the 10-year Treasury note is 0.5 percent lower for the year to April 1.