Publicly-Traded REITs Just Posted Their Best Performance in Five Years. It May Not Last.
January 13, 2020 | John Egan | National Real Estate Investor
As measured by their total returns, REITs blew the roof off the market in 2019. Overall, the REIT sector posted a total return of 28.1 percent last year, according to trade group Nareit. That’s the best performance for REITs since 2014, when the sector notched a total return of 29.96 percent.
In light of the 28.1 percent return, Matthew Werner, managing director and portfolio manager at Houston-based Chilton Capital Management LLC, says 2019 was a “Goldilocks scenario” for REITs.
So, will that scenario continue into 2020? Don’t count on it.
