Tag: August

Posted on

REITs Dip in August

REIT returns dipped in August, but they continue to outpace the broader market on a year-to-date basis as fundamentals remain stable across the industry, analysts said.

The total return of the FTSE/NAREIT All REIT Index dropped 3.3 percent in August, while the S&P 500 index held steady, up 0.1 percent. For the year through the end of August, the total return of the FTSE/NAREIT All REIT Index was 14.2 percent, while the S&P 500 posted a total return of 7.8 percent. The yield on the 10-year Treasury note dropped 0.7 percent in the first eight months of 2016.

News

Posted on

REITs Dip in August as Broader Markets Slip

REITs lost ground in August, as market watchers said concerns about the Chinese economy and interest rates weighed heavily across the globe.

The total returns of the FTSE/NAREIT All REIT Index fell 5.7 percent in August, while the S&P 500 Index lost 6.0 percent. The yield on the 10-year Treasury note was flat for the month.

“The baby is being thrown out with the bath water. No sector seems to be immune,” says Daniel Donlan, managing director at Ladenburg Thalmann & Co., Inc.

News

Posted on

Quick Study: REITs Follow Broader Markets Down in August

In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, discussed the difficult market conditions that prevailed on U.S. REITs in August.

The total returns of the FTSE NAREIT All REITs Index dipped 5.7 percent during the month, while the S&P 500 Index lost 6.0 percent.

“August was a very difficult month for investors. There really wasn’t any safe place to be invested,” Case said.

News

Posted on

REITs Make Gains in August

REITs picked up steam in August as the total return from the FTSE NAREIT All REITs Index gained 3.4 percent, slightly below the 4 percent increase in the S&P 500 Index during the same period.

As of the end of August, however, the FTSE NAREIT All REITs Index was up 19.8 percent for the year, compared to a 9.9 percent gain for the broader market.

Matt Werner, portfolio manager at Chilton Capital Management, noted that in August, “the REIT ascent continued thanks to another strong earnings season and further declining interest rates.”

News

Posted on

Quick Study: REITs Gain in August as Investors Grow Comfortable with Fundamentals

In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, offered an analysis of REIT market gains in August.

The total return on the FTSE NAREIT All REITs Index increased 3.4 percent for the month, slightly below the 4.0 percent gain in the S&P 500 Index during the same period. As of the end of August, the FTSE NAREIT All REITs Index was up 19.8 percent, compared to a 9.9 percent gain for the broader market.

“REITs are strongly outperforming… real estate investors have really been rewarded,” Case said.

News

Proudly powered by WordPress