Market Commentary
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REITWatch
REITWatch is a monthly statistical publication intended to provide a snapshot of the REIT industry. It includes data derived from the FTSE Nareit U.S. Real Estate Index Series and the FTSE/EPRA Nareit Global Real Estate Index Series in addition to tracking the performance of individual REITs.
The Importance of Underrepresented Asset Classes in Defined Contribution Plans
For decades, defined benefit (DB) pension plans have been using real estate successfully within their investment portfolios.
REITs and Broad Markets Fell in April as Inflation Remains Sticky and 10-Year Treasury Yield Hits Highest Level Since October
The FTSE Nareit All Equity REITs Index fell 7.9% in April as the yield on the 10-Year Treasury hit its highest level since October 2023.
REITs Raised More Than $17 Billion Through Debt and Equity Offerings in 2024: Q1
U.S. REITs raised $17.6 billion from secondary debt and equity offerings in the first quarter of 2024.
Attention Real Estate Investors: REITs May Offer More for Less
Retailers have long been adept at catering to consumers’ desires to get more for less. In the mid-1960s, Kmart started its Blue Light Specials.
No Fed Cuts, Still No Problem: Disciplined Balance Sheets Insulate REITs From Higher Rates
At the start of the year, economists and financial markets anticipated that the Federal Open Market Committee (FOMC) would embark on a series of target fed fund rate cuts in 2024.
Global Real Estate Rose in March
The FTSE EPRA Nareit Developed Extended Index rose 3.2% in March, narrowly outperforming global equities as the FTSE Global All Cap rose 3.1%.
A Cut Above: U.S. Public Equity REIT Occupancy Rates
Today’s property market is generally marked by supply-demand imbalances, yet not all segments of the commercial real estate market have exhibited the same levels of operational performance.
Closing Public-Private Real Estate Cap Rate Spreads and REIT Outperformance
Commercial property performance and valuation metrics diverge from time to time.