- Jan 30, 2018
U.S. equity REITs one-year total return by sector
As of Jan. 3, publicly traded U.S. Equity REITs posted a 7 percent one-year total return. The Manufactured Homes sector topped the chart with a 24.8 percent return, beating the broader U.S. Equity REIT index by 17.8 percentage points. Industrial REIT sector followed with a 19.1 percent one-year total return. On the other end of the spectrum, the Retail sector indexes posted the lowest one-year returns. Particularly, the Shopping Center and Regional Mall REIT indexes recorded negative returns of 11.6 percent and 4.1 percent, respectively.
The Multifamily sector index posted a one-year total return of 6.2 percent. BRT Apartment Corp. recorded the highest one-year total return of the group at 45.4 percent. Preferred Apartment Communities Inc. and NexPoint Residential Trust Inc. followed with 41 percent and 27.5 percent one-year total returns, respectively.
On the other hand, Bluerock Residential Growth REIT, Inc. posted a negative 20.9 percent return for the year, lowest among publicly traded U.S. Multifamily REITs.
— Khamile Armhynn Sabas is an analyst in the real estate product operations department of S&P Global Market Intelligence