REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Ron Bohlert, managing director of the Global Client Services Group at the New York Stock Exchange, joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.
Bohlert attributed the recent slowdown in REIT initial public offering (IPO) activity to volatility in the equity markets, triggered in part by the economic situation in China and continued pressure on oil prices.
REITs fell back slightly in February, but fundamentals in the sector remain on a solid footing, according to analysts.
The total returns of the FTSE/NAREIT All REIT Index fell 0.3 percent in February, while the S&P 500 Index lost 0.1 percent. For the year to March 1, the total returns of the FTSE/NAREIT All REIT Index dropped 1.3 percent, while the S&P 500 Index fell 2.8 percent.
REITs held steady in May, as concerns over interest rate increases and uneven economic data continued to put pressure on the market.
The total returns of the FTSE/NAREIT All REIT Index slipped 0.1 percent in May, while the S&P 500 Index gained 1.3 percent. The yield on the 10-year Treasury note rose 0.1 percent for the month.
Through the end of May, total returns from the FTSE/NAREIT All REIT Index were 1.0 percent lower. The S&P 500 was up 3.2 percent during the same period.