Publicly-Traded REITs Hit a Rough Patch In February

March 23rd, 2023, 10:45 AM

Publicly-traded REITs began the year on a high in January. However, some publicly-traded REITs reported declines in February.

Nareit's All Equity REIT Index decreased by 5.9 percent. Nareit's All Equity REIT Index is not alone in the losses. Infrastructure REITs are down 11.7 percent, and office REITs are down 10.8 percent. Infrastructure REITs and office REITs represent the worst-performing segments. 

On the other hand, REITs are reporting strong operational results in fourth-quarter earnings reports. The strong operations results indicate a gap between "operating fundamentals and current REIT stock valuations," according to WealthManagement.com. 

Edward F. Pierzak, Nareit's senior vice president of research, shared that REITs are still up for the year despite the decrease. Returns for all equity REITs have increased by 3.6 percent.

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make. 


Return to All

Blog

Publicly-Traded REITs Hit a Rough Patch In February

March 23rd, 2023, 10:45 AM

Publicly-traded REITs began the year on a high in January. However, some publicly-traded REITs reported declines in February.

Nareit's All Equity REIT Index decreased by 5.9 percent. Nareit's All Equity REIT Index is not alone in the losses. Infrastructure REITs are down 11.7 percent, and office REITs are down 10.8 percent. Infrastructure REITs and office REITs represent the worst-performing segments. 

On the other hand, REITs are reporting strong operational results in fourth-quarter earnings reports. The strong operations results indicate a gap between "operating fundamentals and current REIT stock valuations," according to WealthManagement.com. 

Edward F. Pierzak, Nareit's senior vice president of research, shared that REITs are still up for the year despite the decrease. Returns for all equity REITs have increased by 3.6 percent.

Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make. 


Return to All