Commercial REIT Results—October 2024

Industrial REIT payout ratios exceeded those for office and all REITs, according to S&P Global. Read the report.

REIT AFFO Payouts through October 2024
Data as of October 11, 2024. Source: S&P Global Market Intelligence 

As of Oct. 11, publicly traded U.S. equity REITs had an average 2024Q3 AFFO payout ratio estimate of 72.0 percent.

Among these sectors, industrial REITs had the highest average AFFO payout ratio estimate for the third quarter of 2024, at 81 percent. The office sector was the lowest with an average AFFO payout ratio estimate of 61 percent.

Iman Niazi is a senior associate in the Real Estate Client Operations Department of S&P Global Market Intelligence. If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here. 

—Posted on Oct. 2024

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