FTSE NAREIT All REITs index was up 12.65% for the year ended June 30, while the FTSE NAREIT All Equity REIT index rose 12.48% for the same period, according to data released Wednesday by the National Association of Real Estate Investment Trusts.
The All REITs index, which includes equity and mortgage REITs, climbed 4.55% in the second quarter, while the All Equity REIT index increased 4%.
For the five years ended June 30, the All REITs index increased 2.19%, while the All Equity REITs index was up 2.6%.
In comparison, the All REITs index climbed 10.91% for the year ended March 31, and the All Equity REITs index jumped 11.29%. For the first quarter, the All REITs Index was up 10.41% and the FTSE NAREIT All Equity REITs Index was up 10.49%.
REITs raised $33.21 billion in equity and $10.85 billion in unsecured debt offerings in the first half of 2012.
“Concern about the situation in Europe and whether it would affect the U.S. economy affected the entire stock market but REITs held up considerably better than the S&P 500,” said Ronald C. Kuykendall, vice president, communications for NAREIT.
The S&P 500 return was -2.75% for the second quarter and 5.45% for the year ended June 30.
