FTSE Nareit All REITs Index Up 3.4% in August

September 04, 2019 · reit.com

The total returns of the FTSE Nareit All REITs Index rose 3.4% in August, outpacing the S&P 500 which dropped 1.6% during the same period. The total returns of the FTSE Nareit Mortgage REIT Index fell 6.5% last month, while the yield on the 10-year Treasury was 0.5% lower.

For the year to Aug. 30, the FTSE Nareit All REITs Index was 24.7% higher, while the S&P 500 was 18.3% higher.

Rob Stevenson, head of real estate equity research at Janney, said the performance of REIT stocks during the past month demonstrates a flight to quality.

Prologis Reaping Benefits from its Focus on ESG Initiatives

August 30, 2019 · reit.com

Continually being named one of the most sustainable companies in the world underscores the importance to industrial REIT Prologis, Inc.(NYSE: PLD) of transmitting the value proposition of its ESG initiatives to all its various constituencies.

FTSE Nareit All REITs Index Up 1.6% in July

August 02, 2019 · reit.com

The total returns of the FTSE Nareit All REITs Index rose 1.6% in July, while the S&P 500 gained 1.4%. The total returns of the FTSE Nareit Mortgage REIT Index rose 2.3%, while the yield on the 10-year Treasury note was flat in July.

For the year through July 31, the FTSE Nareit All REITs Index gained 20.6% versus 20.2% for the S&P 500.

David Rodgers, senior analyst at Baird, noted that “we’re seeing really good later cycle fundamentals in both demand and supply generally. We’re on a long tail of the economy and REITs should continue to benefit.”