Freestanding Retail REITs Expected to Continue Outperformance

Freestanding retail REITs are likely to remain market outperformers as long as the broader macroeconomic outlook remains uncertain, according to analysts.

As of Feb. 19, returns for freestanding retail REITs were 14.5 percent higher year-to-date. That compares with a 5.9 percent decline in returns for the FTSE/NAREIT All REIT Index.

R.J. Milligan, a senior analyst at Robert W. Baird & Co., describes the segment as “one of the top performers over the past 10 years.”

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National Storage CEO Says REIT Growing Faster Than Expected

Arlen Nordhagen, co-founder, president and CEO of National Storage Affiliates (NYSE: NSA), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

NSA, which went public in April, currently owns 277 self-storage facilities located in 16 states with approximately 15.8 million rentable square feet of space. Nordhagen discussed operational growth trends.

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Poll: REITs Expected to Beat S&P 500 Index in Next Year

Real estate industry professionals expect REITs to outperform the S&P 500 Index during the next 12 months, according to a poll from BMO Capital Markets.

The poll of  attendees at the BMO Capital Markets 10th Annual North American Real Estate Conference in Chicago shows that 45 percent of institutional investors expect REITs to outperform the S&P 500 Index by more than 3 percent in the next year, while 35 percent said REITs could outperform the benchmark by as much as 10 percent.

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Analysis: Hotel Occupancy Levels Expected to Hit 30-Year High by 2016

Limited new development in the hotel sector is expected to push national hotel occupancy rates to their highest level in 30 years, according to a report from financial and professional service firm JLL.

JLL projected that hotel occupancy would approach 65 percent by 2016, resulting in growth for the average daily rate (ADR) for rooms charged in the industry.

Dan Hansen, president and CEO of  (NYSE: INN), said the report underscores the strong demand and occupancy gains he sees across his company’s portfolio.

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