Real Estate Investment Trust Update
REIT Valuation & Returns for Retail, Mall & Health Care Sectors

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Prior REIT Updates
Sept 04
Sept Stats Off/Ind/Apt
Aug 04
Aug Stats Off/Ind/Apt
Aug Stats Retail/HC
July 04
July Stats Off/Ind/Apt
July Stats Retail/HC
June 04
June Stats Off/Ind/Apt
June Stats Retail/HC
May 04
May Stats Off/Ind/Apt
May Stats Retail/HC
April 04
April Stats Off/Ind/Apt
April Stats Retail/HC
March 04
March Stats Off/Ind/Apt
March Stats Retail/HC
Feb 04
Feb Stats Off/Ind/Apt
Feb Stats Retail/HC
Jan 04
Jan Stats Off/Ind/Apt
Jan Stats Retail/HC
Dec Stats
Dec Stats
Dec 03
Nov Stats
Nov Stats
Nov 03
Oct Stats
Oct Stats
Oct 03
Sept Stats
Sept Stats
Sept 03
August Stats
August Stats
August 03
August 03
July Stats
July Stats
July 03
June Stats
June Stats
June 03

Factoids
 Q3-02 Index
 Q2-02 Index
 Q1-02 Index
 Q4-01 Index
 Q3-01 Index
 Q2-01 Index
 Q1-01 Index

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September 2004

September Monthly Summary:
    The Shopping Center sector prices ended the month with a 10.14% increase year-to-date [vs a 10.10% increase at the end of August] and has fallen 2.09% [vs 2.12% last month] since Q-1's end. The Mall sector ended with a year-to-date gain of 19.49% [vs a gain of 20.22% last month] and has lost 0.09% [vs a 0.50% gain last month] since Q-1's end. The Health sector finished the month with a 7.83% year to date gain [vs 6.29% last month] for the year and has fallen 6.06% [vs 7.51% last month] since Q-1's end.
    For the month, the 4.12% to 4.19% gain in the ten year's yield represents a 7 basis points increase. The Shopping Center sector now has an average yield of 5.18% [vs 5.18% at August's month end]. The Mall sector average yield is now 4.50% [vs 4.45% on 8-31 - up 5 basis points. The Health Care sector average yield is now 6.43% [vs 6.54% on 8-31 - down 12 basis points].


Shopping Center Update for 9-30-04

Notes: 02 FFO's for AKR and RPT were taken from their year-end stats release, and were substantially different for numbers in the WSJ database.


Mall Update for 9-30-04


Health Care Update for 9-30-04

Click here for the Office, Industrial and Apartment Updates. Click here for this months articles.


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