REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, said that REIT shares continued to decline in October, but added that economic fundamentals continue to support the sector.
REIT returns lost ground in April as broader macroeconomic factors exerted pressure throughout the sector.
The total returns of the FTSE/NAREIT All REIT Index slipped 4.7 percent in April, while the S&P 500 Index gained 1.0 percent. The yield on the 10-year Treasury note rose 0.1 percent for the month.
Jeffrey Langbaum, senior REIT analyst at Bloomberg Intelligence, said negative economic indicators released in April, including weaker-than-expected first quarter gross domestic product, caused a pullback in REIT share prices.