New research indicates that REITs outperformed private real estate by nearly 2.7 percentage points per year on average and provided better risk-adjusted returns over 21 years.
The study looked at the allocation and performance of assets in more than 200 public and private sector pensions with nearly $3.9 trillion in combined assets under management.
CEM Benchmarking conducted the research and Nareit, which is a Washington, DC-based association representing equity real estate investment trusts, mortgage REITs, REITs traded on major stock exchanges, public non-listed REITs and private REITs, sponsored the analysis.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
