REIT Share Prices Continue to Fall During Final Week of September
October 5, 2022 | James Sprow | Blue Vault
Share prices for U.S. equity real estate investment trusts dropped along with the broader market during the week ended Sept. 30.
The Dow Jones Equity All REIT index finished the week down 4.18%, while the Dow Jones Industrial Average and S&P 500 dropped 2.92% and 2.91%, respectively.
Each of the Dow Jones US real estate sector indexes posted weekly share price decreases. The industrial and healthcare sectors fell the furthest, down 5.55% and 4.59%, respectively, and retail REITs saw share prices drop 3.44%.
Industrial Logistics Properties Trust, an industrial REIT, had the largest week-over-week decrease in share price at 22.21%, followed by Diversified Healthcare Trust, a healthcare REIT, at 13.90%.
Belpointe PREP LLC, a diversified REIT, had the third-largest decrease at 13.85%.
Source: S&P Global Market Intelligence
