REIT Replay: US REIT stocks log growth during week ended April 22

U.S. real estate investment trust indexes closed the week ended April 22 in the black, with the Dow Jones Equity All REIT index up 1.15% and the MSCI U.S. REIT (RMZ) index rising 0.94%.

The broader markets were down during the week, with the S&P 500 dropping 2.75% and the Dow Jones Industrial Average down 1.86%.

By property sector, the Dow Jones U.S. Real Estate Industrial index recorded the largest increase in share prices, up 3.36%. The hotels and apartments indexes followed, up 2.45% and 2.02%, respectively. On the other hand, the healthcare and self-storage indexes logged the largest share-price declines for the past week, at 2.35% and 0.57%, respectively.

Healthcare REIT Diversified Healthcare Trust topped the list of largest share price drops for the week at 12.50%, followed by CBL & Associates Properties Inc., a regional mall REIT, at 9.01%.

Cannabis-focused REIT Innovative Industrial Properties Inc. had the third-largest decrease at 8.65%.

Alternatively, student housing REIT American Campus Communities Inc. posted the largest week-over-week increase in share price at 11.82%. Hotel REIT Braemar Hotels & Resorts Inc. and industrial REIT Rexford Industrial Realty Inc. posted the next-largest increases at 6.52% and 6.41%, respectively.