REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
A fragmented market and growing demand for rental housing puts larger companies in the single-family rental sector in a strong competitive position, according to some market observers.
In a webinar hosted by real estate research firm Green Street Advisors, Don Mullen, CEO and chief investment officer of Progress Residential Master Trust, a private REIT, said current conditions are creating “tremendous opportunity” in the sector.
After outperforming the S&P 500 in 2015, market observers expect REITs to offer solid growth prospects in 2016.
The FTSE NAREIT All REITs Index had a total return of 2.3 percent for 2015, compared to a return of 1.4 percent for the S&P 500 Index. In December, the FTSE NAREIT All REITs Index gained 1.2 percent, while the S&P 500 Index dropped 1.6 percent.
Cell tower REITs expect continued demand for wireless capability to fuel growth prospects in the United States and select foreign markets for many years to come, according to executives presenting at REITWEEK 2015: NAREIT’s Investor Forum.
Crown Castle International Corp. (NYSE: CCI) President and CEO Benjamin Moreland pointed to a 60 percent growth rate in data demand in 2014. At the same time, he noted that information technology firm Cisco anticipates a seven-fold increase in data demand by 2019.
The commercial real estate industry should see at least three more years of sustainable growth, based on a combination of sound economic and property market fundamentals, according to a survey of industry economists.
The commercial real estate industry is poised for broad-based growth in the coming year as performance and profitability continue to improve across most property types and markets, according to projections from consulting firm Deloitte.
The company’s 2015 outlook is supported by improving property fundamentals, a strengthening economy, easy financing, and increased domestic and international investment activity, according to Deloitte. Against that backdrop, U.S. REITs are expected to continue to outperform benchmark indices such as the S&P 500 and Russell 2000.