REIT Replay: US REIT indexes dip during week ended July 11

Share prices for US equity real estate investment trusts dipped alongside the broader stock market during the week ended July 11.

The Dow Jones Equity All REIT closed the week down 0.54%, compared to a 0.31% dip for the S&P 500 and a 1.02% fall for the Dow Jones Industrial Average.

Among the Dow Jones US real estate property sector indexes, the self-storage index logged the largest drop during the past week, down 2.25%. The retail and apartment REIT indexes also closed the recent week in the red, down 1.47% and 0.14%, respectively.

On the other hand, the office sector index closed the week up 2.34%, the largest increase among the group. The healthcare and industrial REIT indexes followed next with increases of 1.34% and 0.70%, respectively. The hotel REIT index also closed up 0.55% over the week.

Industrial REIT Industrial Logistics Properties Trust's share price jumped 18.45% this past week, the largest increase of all US REIT stocks with at least $200 million in market capitalization. Office REIT Paramount Group Inc. and hotel REIT Service Properties Trust followed next with share-price increases of 9.45% and 8.46%, respectively.

On the other end, healthcare REIT Medical Properties Trust Inc.'s share price fell 5.71% over the recent week, the largest decrease of the US REIT sector. Net lease-focused Global Net Lease and farmland REIT Farmland Partners Inc. followed next with share-price declines of 4.77% and 4.40%, respectively.