Fueled by continued strong performance among regional mall, self-storage and data center REITs, the FTSE Nareit All Equity REITs Index rose 2.08 percent in August, continuing what has been a strong bounce back year for the industry.
In early September, the Index was up 30 percent year-to-date, although declines in recent days have pushed the figure back down below that threshold. As of Friday, Sept. 10, the index was up 26.63 percent for the year.
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Empty Lobbies, Untouched Doughnuts And Shattered Plans: Offices Stayed Quiet The Day After Labor Day
As Ardent Cos. Managing Director Mike Guynn strolled around the manicured grounds of his firm's Piedmont Center 1 office building in Atlanta Tuesday morning, the property around him was largely quiet.
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Commercial property values are more resilient nationwide than headlines about the coronavirus and the unsettled state of the world might otherwise indicate, valuation experts say.
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