REITs outpace broader market after strong April returns
Updated
Updated · Wealth Management · May 8
REITs outpace broader market after strong April returns
9 articles · Updated · Wealth Management · May 8
The FTSE Nareit All Equity REITs Index gained 9.0% in April to 13.1% year-to-date by April 30, versus 5.5% for the Russell 1000.
Returns swung after the late-February US attack on Iran, falling 6.1% through March before rebounding; data centres led with 39.8% gains, while office REITs remained down 5.2% year-to-date.
Capital raising slowed to about $10bn, down $2.2bn from a year earlier, though IPO activity showed signs of revival with a nearly $1bn healthcare float and Blackstone's planned $1.74bn data-centre listing.
With data centers booming and offices struggling, is the REIT market permanently splitting into winners and losers?
Is the AI-fueled data center surge a sustainable investment, or could it become the next big real estate bubble?
How did US real estate markets defy a major Mideast conflict and soaring oil prices to outperform stocks?