REIT returns edged higher again in October and outpaced the broader market on a year-to-date basis, although certain segments of the industry are feeling the impact of slower economic activity.
The total returns of the FTSE Nareit All REITs Index rose 1.1% in October, while the S&P 500 gained 2.2% during the same period. For the year to Oct. 31, the FTSE Nareit All REITs Index was 28.8% higher, while the S&P 500 was 23.2% higher over the same period.