In January, the FTSE NAREIT All REITs Index, the broadest index of the U.S. REIT market, delivered a 0.24 percent total return, the FTSE NAREIT All Equity REITs Index delivered a 0.17 percent total return and the FTSE NAREIT Mortgage REITs Index returned 1.60 percent compared to the S&P 500’s 1.90 percent.
REIT property segments that outperformed the S&P 500 in January were:
Specialty, up 9.42 percent
Data Centers, up 8.05 percent
Single Family Homes, up 6.14 percent
Timber, up 3.71 percent
Manufactured Homes, up 2.49 percent
On a 12-month trailing basis ended January 31, the FTSE NAREIT Mortgage REITs Index was up 31.73 percent, outpacing the S&P 500’s 20.04 percent gain.
The FTSE NAREIT All REITs Index was up 13.50 percent, and the FTSE NAREIT All Equity REITs Index was up 12.78 percent in the 12-month period.
Eight REIT property segments outperformed the S&P 500 on a 12-month basis:
Single Family Homes, up 47.92 percent
Lodging/Resorts, up 34.09 percent
Data Centers, up 31.60 percent
Specialty, up 31.08 percent
Industrial, up 30.21 percent
Timber, up 29.41 percent
Office, up 25.32 percent
Diversified, up 22.47 percent