2024 REIT Trading Trends
REIT performance data from S&P Global Real Estate.
As of Dec. 6, publicly listed U.S. equity REITs traded at the median discount to consensus NAV per share estimate of 8.24 percent.
The multifamily sector traded at the least median discount to NAV estimate, at 6.17 percent. Manufactured home was next in line, trading at a median discount to NAV estimate of 4.38 percent.
The health-care sector ranked first, trading at a premium to NAV of 9.35 percent.
Among the Health Care REIT sector, Welltower Inc. traded at the highest premium to NAV estimate, at 89.33 percent. Right behind were CareTrust REIT, Inc. and National Health Investors, Inc. trading at premium to NAV estimates of 58.13 percent and 48.38 percent, respectively.
–Â Jerra Joy Agravio is an Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence. If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here.Â
—Posted on December 26, 2024
