REIT - The State Of REITs: October 2021 Edition
- REITs achieved positive total returns in each of the first 8 months of 2021, but that streak snapped in September with a -2.87% average return.
- Micro-cap REITs (+1.99%) bounced back in September, while large caps suffered heavy losses (-5.42%).
- Fewer than a quarter (23.46%) of REIT securities had a positive total return in September.
- Hotel, Advertising, and Office REITs were the only property types in the black in September. Land and Single-Family Housing REITs saw the biggest share price drops.
- The average REIT NAV premium flipped to a discount of -5.24% in September. The median premium also became a discount of -2.63% during the month.
For further details see:
The State Of REITs: October 2021 Edition