Manufactured Home Sector Beats U.S. Equity REIT Index
December 3, 2018
S&P Global Market Intelligence reports positive one-year total returns across property sectors, with the notable exception of office and retail.
By Raph Canillas
As of November 30, publicly traded U.S. equity REITs posted a 3.03 percent one-year total return.
The manufactured home REIT sector lead the industry with a 13.42 percent total return, beating the broader U.S. equity REIT index by 10.39 percentage points. Health-care and multifamily REIT sectors followed with 9.98 percent and 8.50 percent one-year total returns, respectively.
On the other end of the spectrum, the office REIT sector reported a negative 6.77 percent one-year total return, as of November 30. Diversified and shopping center REIT sectors trailed closely reporting negative 5.11 percent and 3.92 percent one-year total return, respectively.
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