The GPR 250 REIT World Index exhibited a total return of -5.87% (in U.S. dollars) for the first quarter of 2018. The increase in the US 10-year bond yield from 2.4% at the start of the quarter, to 2.7% at quarter end, was a significant contributor to this.
Tax season is once again upon us, and you can access the Reitway fund in a TFSA format on the Stanlib and Momentum platforms. See the related article for interesting information regarding TSFAs. Contact firstname.lastname@example.org for Reitway TFSA specific information. Click here to download full article (Source: Moneyweb)
The global bond market did not go quietly into the New Year!A few swift moves during the last two weeks of 2017 pushed the 10-year Treasury yields through key levels to the highest since March. The yield curve, which had been relentlessly flattening, steepened the most since September 2016, while market-implied inflation rates reached an eight-month high as U.S. tax cuts were on the brink of becoming law.
Arthur Hurley, senior equity portfolio manager at Columbia Threadneedle Investments, joined Nareit for a video interview at REITworld 2017. Hurley commented on the creation of a headline Real Estate Sector under the Global Industry Classification Standard (GICS) for REITs and other listed real estate companies. He noted that the move has generated a lot more attention for the group from a broader investor base. REIT CEOs, CFOs and investor relations professionals should keep that broader audience in mind as they craft their messages, Hurley said. Click here to download full article (Source: Nareit)
How will REITs and the real estate markets perform in 2018? Are REITs poised for growth in 2018 or will they continue to underperform the stock market? Commercial construction has been on an uptrend for several years; will demand growth keep up? Click here to download full article (Source: Nareit)
I’ve noticed an uptick in the number of people who seem to be concerned about an increase in the inflation rate, and the number of people who have inquired whether real estate—and REITs in particular—provide “a hedge against inflation.” Of course there is substantial disagreement as to whether we are at imminent risk of increased inflation, but the concern is that tightness in employment markets may drive up wage growth, which could then drive up the price level. So I thought it would be a good time to review the historical evidence on the relationship between high inflation and REIT…