trending Market Intelligence /marketintelligence/en/news-insights/trending/cxt5BfGgvb58QR2YWj59bg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Nontraded REIT sales soar 62.2% YOY in 1st 2 months of '19

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Nontraded REIT sales soar 62.2% YOY in 1st 2 months of '19

Sales of nontraded real estate investment trusts jumped 62.2% year over year in the first two months of the year, signaling growing strength in an industry beleaguered in recent years by tighter regulatory oversight around fee transparency.

Led by institutional players such as Blackstone Group LP, sponsors of nontraded REIT products raised a cumulative $997.3 million in January and February, up from the $614.9 million in the same period in 2018, according to investment banking firm Robert A. Stanger & Co. Inc.

At the market's nadir, in the 2017 third quarter, sales totaled $794 million for the combined three months.

"Stanger expected the upward trend in fundraising to continue in 2019 and, so far, that is bearing out," Kevin Gannon, the firm's chairman, said in a release.

Sales of daily net asset value REITs, so-called "perpetual life" products that offer liquidity and regularly updated valuations, continue to climb as a percentage of overall sales. In January and February, such sales totaled $777.2 million, representing 77.9% of the total, up from $464.0 million a year ago.

Blackstone Group, via its daily NAV REIT product, Blackstone Real Estate Income Trust Inc., led the market with $555.9 million of sales in the first two months of 2019, representing a 55.7% market share. Blackstone was also 2018's top sponsor.

Griffin Capital Co. LLC and Starwood Capital Group Holdings LP placed second and third on the top-sponsors list for January and February, with $86.2 million and $85.6 million in sales, respectively.