REIT Replay: REIT indexes continue to climb during week ended Oct. 3

Indexes for US real estate investment trust stocks continued to grow during the week ended Oct. 3. However, they underperformed when compared to the broader stock market indexes.

The Dow Jones Equity All REIT closed the recent week up another 0.27%, compared to a 1.09% gain for the S&P 500 and a 1.10% increase for the Dow Jones Industrial Average.

Among the Dow Jones US real estate property sector indexes, the self-storage and industrial REIT indexes logged the largest increases for the past week, up 2.49% and 2.26%, respectively. The office and healthcare REIT indexes also logged smaller gains of 0.35% and 0.22%, respectively.

On the other hand, the apartment REIT index closed the week down 1.85%, the largest weekly decline among the property sector indexes. The hotel REIT index also fell 1.04% over the week, along with the retail REIT index with a very slight 0.02% drop.

Healthcare REIT Medical Properties Trust Inc.'s share price grew 12.60% during the week, the largest share-price increase among all US REITs with at least $200 million in market capitalization.

The two cold-storage REITs, Lineage Inc. and Americold Realty Trust Inc., ranked in the second and third spots with share-price increases of 8.39% and 7.00%, respectively.

On the other end, hotel REIT Xenia Hotels & Resorts Inc. recorded the largest share-price decrease for the week, down 6.96%. Industrial REIT Industrial Logistics Properties Trust and hotel REIT Chatham Lodging Trust followed next with share-price declines of 6.21% and 6.03%, respectively.