REIT Replay: US REIT share prices tick up during week ended March 28

US equity REIT stocks ticked upward during the week ended March 28, outperforming the broader US stock market.

The Dow Jones Equity All REIT index closed the week up a slight 0.53%, while the S&P 500 dropped 1.53% and the Dow Jones Industrial Average fell 0.96%.

Among the Dow Jones US real estate property sector indexes, the healthcare REIT index logged the largest increase over the past week, up 3.34%. The apartment REIT index was second with a 2.21% gain and the industrial REIT index followed with a 1.68% gain.

On the other hand, the hotel and office REIT indexes saw small declines this past week of 0.48% and 0.29%, respectively.

Among US REIT stocks with at least $200 million in market capitalization, single-tenant retail REIT NETSTREIT Corp. saw the largest share-price increase over the week, up 5.46%. Healthcare REIT Welltower Inc. ranked second with a 4.71% increase, followed by industrial REIT STAG Industrial Inc. up 4.61%.

Hotel-focused Service Properties Trust closed the week with the largest share-price decline, down 6.41%, followed by datacenter REIT Digital Realty Trust Inc. and Peakstone Realty Trust, which owns a mix of office and industrial properties, with declines of 5.51% and 5.39%, respectively.