Analysts offer their assessments of Equity REITs at the start of a new year.
Blackstone Deals Highlight “Vibrant” Real Estate Market, According to Analysts
Private equity firm Blackstone announced two major real estate deals on April 10, underscoring the current vibrancy of the market, according to analysts.
Analysts See Solid Returns for REITs in 2015
Although unlikely to match the returns of 2014, positive fundamentals have REITs in position to sustain a solid performance in 2015, according to market observers.
The FTSE NAREIT All REITs Index had a total return of 27.2 percent for 2014, compared to a return of 13.7 percent for the S&P 500 Index.
“It was a pretty sensational year for REITs,” said Rich Moore, managing director at RBC Capital Markets. “Going forward, you’re going to have a positive year on the fundamentals side, no question about it.”
FTI Analysts Paint Optimistic Picture for REITs in 2015
Michael Hedden and Marc Shapiro of FTI Consulting discussed their latest commercial real estate market commentary and projections for 2015 in the latest edition of the NAREIT Podcast.
Real Estate Sector Roughly at Mid-Cycle, REIT Executives and Analysts Estimate
The real estate sector is roughly at mid-cycle, with low levels of new supply, improving tenant demand, and ample capital supply all expected to support growth in the REIT industry over the next few years, according to industry executives and analysts.
“We’re past the deep distress period and are somewhere in the middle of a recovery in the U.S.,” said Jonathan Gray, global head of real estate at Blackstone, during the NYU Schack Annual REIT Symposium April 8.