Where Publicly-Traded REITs Stand Halfway Through 2022
July 11, 2022 | David Bodamer | WealthManagement.com
June was another rough month for many property sectors. Lodging/resort REITs had the worst month, with total returns down 19.65 percent. Office REIT total returns were down 15.01 percent and retail REITs were down 9.54 percent with regional mall REITs alone down 16.75 percent for the month.
No property sector finished in positive territory for the month. Residential, self-storage, industrial and data centers posted the smallest losses—in the four percent to five percent range.
WMRE sat down with John Worth, Nareit executive vice president for research and investor outreach, to discuss how REITs stand at midyear and what investors should expect for the rest of 2022.