trending Market Intelligence /marketintelligence/en/news-insights/trending/YP8ZOdlEI5Zk619OdgzIwg2 content esgSubNav
In This List

REIT Replay: REIT share prices bounce back during week ended Sept. 20

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


REIT Replay: REIT share prices bounce back during week ended Sept. 20

Share prices for U.S. equity real estate investment trusts climbed during the week ended Sept. 20, while the broader market fell.

The SNL U.S. REIT Equity index finished the week up 1.99%. Meanwhile, the Dow Jones Industrial Average and S&P 500 dropped 1.05% and 0.51%, respectively.

By property sector, the SNL U.S. REIT Healthcare index recorded the largest increase in share prices, up 3.08%. The self-storage and retail indexes followed, up 1.46% and 1.23%, respectively. On the other hand, the hotel index logged the only share-price decline for the past week, at 0.69%.

Healthcare REIT New Senior Investment Group recorded the largest week-over-week increase in share price at 7.14%. Data center REITs Equinix Inc. and CoreSite Realty Corp. posted the next-largest increases at 5.52% and 5.46%, respectively.

Outlet center-focused Tanger Factory Outlet Centers Inc.'s share price decreased 4.56% from the previous week, the largest price drop of any REIT stock, followed by Alexander's Inc., a diversified REIT, down 4.30%. Prison REIT GEO Group Inc. saw the third-largest decrease at 4.28%.

SNL Image