The State Of REITs: January 2024 Edition
AMTAmerican Tower(AMT) Seeking Alpha·2024-01-15 00:32

syahrir maulana REIT Performance The REIT sector followed up a strong November performance (+9.50%) with an even better December (+11.40%). The average REIT total return in December far exceeded that of the broader market with more than double the return of the NASDAQ (+5.6%), Dow Jones Industrial Average (+4.9%) and S&P 500 (4.5%). The market cap weighted Vanguard Real Estate ETF (VNQ) fell short of the average REIT in December (+9.43% vs. +11.40%), but outperformed YTD (+11.79% vs. +8.66%). The spread bet ...