REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
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.
Bobby Taubman, chairman, president and CEO of Taubman Centers, Inc. (NYSE: TCO), 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.
The REIT owns, manages and leases regional, super-regional and outlet shopping centers in the United States and Asia. Taubman explained that a major factor behind the company’s continued growth in key operating metrics is the quality of its assets.
American Homes 4 Rent (NYSE: AMH) and American Residential Properties, Inc. (NYSE: ARPI) said on Dec. 3 that the single-family rental REITs had come to an agreement on a merger valued at roughly $ 1.5 billion.
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, a “fairly quiet” November for REITs and other asset classes.
The total returns of the FTSE/NAREIT All REIT Index fell 0.3 percent in November, while the S&P 500 Index gained 0.3 percent. The yield on the 10-year Treasury note was up 0.1 percent for the month. Case pointed out that mortgage REITs gained 1 percent for the month while producing strong dividend yields.
W. Edward Walter, CEO of Host Hotels & Resorts Inc. (NYSE: HST), 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.
REITs lost ground in November, as uncertainty over the timing of interest rate changes and concerns about economic data weighed on the sector.
The total returns of the FTSE/NAREIT All REIT Index fell 0.3 percent in November, while the S&P 500 Index gained 0.3 percent. The yield on the 10-year Treasury note was up 0.1 percent for the month.
Through the end of November, REIT total returns for 2015 were up 1.1 percent, while the S&P 500 Index was up 3.0 percent.
David Neithercut, president and CEO of Equity Residential (NYSE: EQR), 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.
Neithercut, who served as NAREIT’s 2015 Chair, reflected on the main challenges and opportunities for the industry going into 2016.
Scott Schaevitz, co-head of Americas real estate investment banking at Barclays, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Schaevitz said the window for more REITs to go private remains open.
“Last year, a handful of companies were trading at discounts to net asset value (NAV). Now, you have huge portions of the REIT market that are trading at discounts,” he observed.
