Premium/Discount to NAV
Industrial, Self-Storage REITs Performing Well
The two sectors were among the leaders of all publicly traded U.S. equity REITs in terms of the last 12 months funds from operations, according to S&P Global Market Intelligence data.
Hotels Hit Highest Dividend Yields
The hotel sector posted the highest one-year average dividend yield among all U.S. equity REIT sectors, according to S&P Global Market Intelligence data, outperforming the broader SNL U.S. REIT Equity Index.
REITs
The Health Care REIT sector traded at the largest median premium to NAV, at 13.10 percent. Manufactured Home and the other Retail REIT sectors followed next trading at median premiums to NAV of 10.19 and 7.92 percent, respectively.
Specialty REITs Top Capital Raising
Publicly traded U.S. REITs raised some $23.4 billion through capital offerings in the first three months of 2017, with senior debt offerings making up the majority of the capital raises.
REIT Capital Access Split Between ‘Haves’ & ‘Have Less’
By Britton Costa, Director, U.S. REITs, Fitch Ratings: Why larger issuance sizes are needed to attract public bond investors in today’s market.
You must be logged in to post a comment.