Trade Group Finds REITS Perform Better than Dow, S&P

According to data from the National Association of Real Estate Investment Trusts, REITS are outperforming the broader equities market. The trade group said the FTSE NAREIT Equity REIT Index delivered an 11.13% total return for the year through May, while the FTSE NAREIT All REITs Index was up 10.58%. Meanwhile, the S&P 500's total return for the year through May was negative 1.50, the Dow Jones Industrial Index had a negative 2.79% return and the NASDAQ Composite's return for the period was a negative 0.53%. The apartment sector at 23.91%, the lodging/resorts sector at 19.05%, and the self-storage sector at 15% led the REIT industry's gains in the first five months of 2010.

Processing Content

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS
Load More