REIT Replay: REIT indexes outperform broader markets during week ended June 26

US equity real estate investment trust indexes advanced during the week ended June 26, outperforming the broader stock markets.

The Dow Jones Equity All REIT index increased 4.17%, while the MSCI US REIT (RMZ) index rose 4.61%.

For comparison, the S&P 500 declined 1.95%, and the Dow Jones Industrial Average logged a small 0.60% gain.

All Dow Jones US real estate property sector indexes closed the recent week in the black. The healthcare REIT index recorded the largest increase, up 9.30%, followed by the apartment and retail REIT indexes, with increases of 6.88% and 5.69%, respectively.

Industrial REIT Industrial Logistics Properties Trust recorded the largest share-price increase among all US REIT stocks with at least $200 million in market capitalization, up 14.57% for the week. Cold-storage-focused Americold Realty Trust Inc. ranked second with a share-price increase of 13.50%, followed by healthcare REIT Universal Health Realty Income Trust with a 13.29% increase.

On the other end, shopping center REIT SITE Centers Corp. logged the largest share-price decline for the REIT sector, down 5.45%. Diversified Global Net Lease and communications REIT SBA Communications Corp. followed next with share-price declines of 2.39% and 1.66%, respectively.

Disclaimer: This content may be AI-assisted and is composed, reviewed, edited and approved by a human at S&P Global.