REIT Replay: REIT indexes up but less than broader market in week ended Jan. 9

US equity real estate investment trust stocks rose during the week ended Jan. 9, though it underperformed the broader market.

The Dow Jones Equity All REIT index rose 0.90%, while the S&P 500 and Dow Jones Industrial Average climbed 1.57% and 2.32%, respectively.

Among the Dow Jones US real estate property sector indexes, the self-storage REIT index recorded the largest increase for the week at 7.11%. The office REIT index ranked second with a 3.86% increase. The apartment REIT and healthcare REIT indexes logged declines on the week, falling 1.43% and 0.34%, respectively.

Industrial REIT Industrial Logistics Properties Trust logged the largest share-price increase among all US REITs with at least $200 million in market capitalization, up 13.56%. Hotel-focused Service Properties Trust and self-storage REIT National Storage Affiliates Trust ranked next with share-price increases of 13.16% and 12.51%, respectively.

Multifamily REIT Elme Communities recorded the largest share-price decline during the week, plummeting 83.16%. The drop follows the REIT's special liquidation dividend, paid on Jan. 7, which represents, among other things, net proceeds from the completion of Elme's 19-property portfolio sale back in November 2025.

Office REIT Hudson Pacific Properties Inc. logged the second-largest share-price decline for the week, as its stock 13.52%. Two communications REITs, SBA Communications Corp. and Crown Castle Inc. followed next with share-price declines of 5.86% and 5.67%, respectively.