trending Market Intelligence /marketintelligence/en/news-insights/trending/LwsJ1u6cRucQqMI4oAHljw2 content esgSubNav
In This List

REIT Replay: US REIT share prices drop during week ended Dec. 13

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Blog

Infographic: The Big Picture 2023 Issuer & Investor Relations Outlook

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook


REIT Replay: US REIT share prices drop during week ended Dec. 13

U.S. real estate investment trust indexes finished the week ended Dec. 13 in the red, with the SNL U.S. REIT Equity index down 2.99% and the MSCI U.S. REIT (RMZ) index dropping 3.51%.

The broader markets climbed during the week, with the S&P 500 increasing 0.73% and the Dow Jones Industrial Average up 0.43%.

All SNL REIT property sector indexes recorded weekly share-price drops. The SNL U.S. REIT Healthcare and SNL U.S. REIT Self-storage indexes saw the largest decreases, down 5.19% and 4.15%, respectively.

The best-performing REITs during the week were prison REITs GEO Group Inc. and CoreCivic Inc. up 8.67% and 5.78%, respectively.

Uniti Group Inc., a communications REIT, had the third-largest increase at 5.03%.

The largest decline among REITs during the week was for industrial REIT Americold Realty Trust with a 10.87% drop. Office-focused Office Properties Income Trust and healthcare-focused Global Medical REIT Inc. posted the next-largest declines at 9.22% and 8.30%, respectively.

SNL Image