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Yahoo Daily #s Office Industrial Apartment Retail Mall Health Care Hospitality NAREIT Index Factoids MLP Stats Bank Stats Prior REIT Updates June 05 June Off/Ind/Apt June Retail/Hlth Care May 05 May Off/Ind/Apt May Retail/Hlth Care April 04 April Off/Ind/Apt April Retail/Hlth Care March 04 March Off/Ind/Apt March Retail/Hlth Care Feb 04 Feb Off/Ind/Apt Feb Retail/Hlth Care Jan 04 Jan Off/Ind/Apt Jan Retail/Hlth Care Dec 04 Jan Off/Ind/Apt Jan Retail/Hlth Care Nov 04 Nov Off/Ind/Apt Nov Retail/Hlth Care Oct 04 Oct Off/Ind/Apt Oct Retail/Hlth Care Sept 04 Sept Off/Ind/Apt Sept Retail/Hlth Care Aug 04 Aug Off/Ind/Apt Aug Retail/Hlth Care July 04 July Off/Ind/Apt July Retail/Hlth Care June 04 June Off/Ind/Apt June Retail/Hlth Care May 04 May Off/Ind/Apt May Retail/Hlth Care April 04 April Off/Ind/Apt April Retail/Hlth Care March 04 March Off/Ind/Apt March Retail/Hlth Care Feb 04 Feb Off/Ind/Apt Feb Retail/Hlth Care Jan 04 Jan Off/Ind/Apt Jan Retail/Hlth Care 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 REIT Links CPN Globe St. ICSC Real Estate Journal Reis ReBuz RSR NaREIT NREI Property ICSC REIT Week NAIOP ShopCntrsToday ShopCntrWrld Biz Links Business News Columnists Econ Reports Stock Exchanges Searches Tax News |
Monthly Sector Summary The Shopping Center sector rose 4.29% in July to a gain year-to-date of 6.53% from June's gain of 2.10%. 05 FFO growth estimates ended June with a fall to -0.55% vs. June's rise of 0.40%. Yields fell 18 basis points to 4.78% from June's 4.96%. NaREITs Shopping Center sector numbers [where large caps were big gainers and low yielders] was up 6.51% for the month with a 11.76% gain year-to-date and a yield of 3.95% vs. June's 4.93% year-to-date gain with a yield of 4.53% [a fall of 58 basis points]. The Mall sector rose 6.91% in July to a year-to-date gain of 15.33% from June's gain of 7.18% gain year-to-date. 05 FFO growth estimates ended June with a rise to 3.43% vs. June's 1.50%. Yields fell 7 basis points to 3.95% from May's 4.02%. NaREITs Mall sector numbers were up 9.04% for the month and up 22.70% year-to-date with a yield of 3.58% vs. June's 12.52% year-to-date gain with a yield of 3.91% [a fall of 33 basis points]. The Health Care sector rose 5.27% in July to a gain of 8.2% year to date from June's gain of 2.97%. 05 FFO growth estimates ended June with a fall to -2.95% vs. June's -2.49%. Yields fell 30 basis points to 5.79% from June's 6.09%. NaREITs Health sector numbers: Up 5.54% for the month and 9.83% year-to-date with a yield of 5.89% vs June's 4.06% year-to-date increase with a yield of 6.15% [a fall of 26 basis points]. The Hospitality sector rose 5.84% for the month to a year-to-date gain of 5.05% vs. June's -0.64% year to date performance. 05 FFO growth estimates ended June with a rise to 0.37% year-to-date vs June's 0.31%. Yields fell 30 basis points to 5.02% vs June's 5.32% . NaREITs Lodging sector numbers: Up 5.53% for the month and up 9.83% year-to-date with a yield of 3.57% vs June's 2.66% year-to-date increase with a yield of 3.20%. The changes in year-to-date returns and yields were skewed upwards in the Office sector by the purchase of CRO by non-REIT DRA Advisors, in the Industrial sector by the purchase of CDX by PLD, and in the Apartment sector by the purchase of GLB by an investment division of non-REIT ING. During July, the year-to-date Office sector rose 6.64% to a gain of 7.14% year to date from June's year to date gain of 0.49%. 05 FFO growth estimates ended June with a fall to -5.24% vs. June's fall of -3.91%. Yields fell 32 basis points to 5.30% from June's 5.62%. NaREITs Office sector numbers: Up 7.07% for the month and 16.11% year to date [with a yield of 4.86%] vs. June's 8.44% gain. The Industrial sector rose to a gain of 7.85% year to date [up 6.26% in July alone] from June's gain of 1.53% year to date. 05 FFO growth estimates ended June with a fall to -0.68% vs. June's fall of 0.68%. Yields fell 24 basis points to 4.24% from June's 4.48%. NaREITs Induistrial sector numbers: Up 9.10% for the month and 9.58% year-to-date with a yield of 3.76% vs. June's 0.45% year-to-date increase with a yield of 4.08%. The year-to-date Apartment sector rose 6.51% for the month to a gain of 10.74% year to date from June's gain of 4.05%. 05 FFO growth estimates ended June rising to 0.38% vs. June's rise of 0.28%. Yields fell 29 basis points to 4.75% from June's 5.04%. NaREITs Apartment sector numbers: Up 8.09% for the month and 14.48% year-to-date with a yield of 4.42% vs. June's 5.19% year-to-date rise with a yield of 4.75% [a fall of 44 basis points]. In the three other equity income segments followed by this site, Pipeline MLPs were up 14.20% year-to-date [vs being up 7.79% at June's end] and had a distribution yield of 5.87% [vs 6.03% in June - most MLPs rose their distribution during the month] - a fall of 16 basis points. During July, large-cap banks rose 1.48% to a loss of 4.65% from June's loss of 5.96% and yields fell 4 basis point to 3.54% from June's 3.58%. Mid-cap banks rose 4.13% to a year-to-date gain of 0.13% from June's loss of 3.78% and yields ended at 3.32% [vs June's 3.46% - a fall of 14 basis points]. The ten year treasury ended the month at 4.28% [vs 3.91% on 6-30 - a rise of 37 basis points]. In July the Dow Jones industrial average rose 3.56%, the Standard & Poor's 500 index climbed 3.6% and the Nasdaq composite index gained 6.22%. (Michael Martinez, AP 7-31) |