Press Releases & Media

U.S. stock exchange-listed Equity REITs showed a decline in Funds From Operations (FFO) in the first quarter of 2017 compared with the final quarter of last year, but delivered gains in most other operating performance measures, including Net Operating Income (NOI) and occupancy rates. 

The FTSE NAREIT All Equity REITs Index grew to $986.1 billion at the end of April 2017, up from $914 billion at the end of April 2016.

Home Financing REITs led the REIT market with a 10.72 percent dividend yield at the end of April 2017.

Data Centers led the entire REIT market’s performance in the first four months of 2017 with an 18.03 percent total return, and Home Financing REITs led the Mortgage REIT market with a 16.82 percent return.

Mortgage REITs’ total returns on average continued to outpace the S&P 500’s in April 2017 and doubled the performance of the broad market index in the first four months of the year.

Publicly listed REITs raised more capital in the first quarter of 2017 than in any quarter since the second quarter of 2014.

Income investors continued to find REITs attractive in the first quarter of 2017. 

Home Financing REITs delivered a 12.19 percent gain to outpace the overall FTSE NAREIT Mortgage REITs Index in the first quarter, while Commercial Financing REITs gained 6.47 percent.

Mortgage REIT returns outperformed Equity REITs and the broader equity market in the first quarter of 2017.

The Single Family Homes, Specialty and Timber REIT property segments led the Equity REIT market with double-digit total returns in the first two months of 2017.

REITs rebounded in February after a slow start to the year, outpacing the S&P 500 in the month.  The FTSE NAREIT All REITs Index, the broadest index of the U.S. REIT market including both Equity and Mortgage REITs, gained 4.16 percent on a total return basis in February.

U.S. stock exchange-listed Equity REITs drove operating and earnings growth higher in the fourth quarter, highlighted by record occupancy rates and rising Funds from Operations.