REITs Make Gains in October, Continue to Outperform Broader Market
REITs made gains in October and continued to outperform the broader stock market, supported by solid earnings reports and growing momentum in the economy.
The total return on the FTSE NAREIT All REITs Index was up 8.7 percent for the month after dropping 5.6 percent in September. The S&P 500 Index rose 2.4 percent in October. As of the end of October, the FTSE NAREIT All REITs Index had gained 23 percent, while the S&P 500 was up 11 percent.
U.S. Equity REITs Showing Discipline in Capital Markets, Observers Say
Capital raising by U.S. Equity REITs for most of 2014 has trailed the record levels seen a year earlier, a sign that management teams are taking a disciplined approach to raising new equity, according to observers.
SNL Financial reported this week that capital raised by U.S. Equity REITs dipped to $ 51 billion for the year through Oct. 17, trailing the record-setting $ 56 billion raised during the same period in 2013.
REITs a Cornerstone of UPS Pension Portfolio
Greg Spick, portfolio manager of real assets with the UPS Group Trust, joined REIT.com in October for an video interview to discuss his approaching to real estate investing.
Spick helps manage the pension assets of the employees of delivery firm UPS. The pension fund has nearly $ 30 billion in assets. Real estate and real assets make up roughly $ 2 billion of the entire portfolio.
CEM Study Reveals Listed Equity REITs Increased Defined Benefit Plans’ Returns
Alex Beath, an analyst on the Product Solutions Team at Toronto-based CEM Benchmarking, visited NAREIT’s Washington, D.C. headquarters for a video interview with REIT.com to discuss CEM’s new study on defined benefit (DB) plan asset allocation and fund performance.
Quick Study: REITs Slip in September Amid Broad Market Downturn
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 developments in September.
The total return on the FTSE NAREIT All REITs Index decreased 5.6 percent, but Case stressed that September was “a difficult month for all investors…there was no place to hide last month in investing.”
REITs Lose Ground in September; Continue to Lead Broader Market
REITs lost ground in September against the backdrop of a weakened broader market. The total return on the FTSE NAREIT All REITs Index dropped 5.6 percent for the month, the S&P 500 Index fell 1.4 percent.
As of the end of September, however, the FTSE NAREIT All REITs Index had gained 13.1 percent for the year, compared with an 8.3 percent gain for the S&P 500.
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.
Fund Manager Says Indian REITs Could Create Big Opportunities for Investors
Jim Rehlaender, CEO of Northwood Securities, joined the NAREIT Podcast to discuss some of the latest trends in international real estate markets.
Northwood Securities invests in listed real estate companies around the world. Rehlaender offered his thoughts on some of the latest happenings in the developing markets of India, China and Brazil.
Optimism and Opportunity on a Global Scale for Industrial REITs
As the global economy continues to regain its footing, the industrial REITs that are so vital to the flow of commerce are seeing some positive tailwinds in their favor. In particular, the emergence of a middle class in China and Brazil and the rise of e-commerce in Europe and Japan are creating an environment for success for industrial REITs with a global presence. Industrial REITs are also benefitting from the demand for facilities that can meet growing demand for quick—even same-day—retail deliveries to consumers.