Real Estate Investment Trust Update REIT Valuation Stats for Office, Industrial & Apartment Sectors

Yahoo Daily #s Office Industrial Apartment Retail Mall Health NAREIT Index    Factoids MLP Stats Bank Stats Prior REIT Updates Oct 06 Oct Retail/HC Sept 06 Sept Retail/HC Sept Off/Ind/Apt Aug 06 Aug Retail/HC Aug Off/Ind/Apt July 06 July Retail/HC July Off/Ind/Apt June 06 June Retail/HC June Off/Ind/Apt May 06 May Retail/HC May Off/Ind/Apt April 05 April Retail/HC April Off/Ind/Apt March 05 March Off/Ind/Apt March Retail/HC Feb 05 Feb Off/Ind/Apt Feb Retail/HC Jan 04 Jan Off/Ind/Apt Jan Retail/HC Dec 04 Dec Off/Ind/Apt Dec Retail/HC Nov 04 Nov Off/Ind/Apt Nov Retail/HC Oct 04 Oct Off/Ind/Apt Oct Retail/HC Sept 04 Sept Off/Ind/Apt Sept Retail/HC Aug 04 Aug Off/Ind/Apt Aug Retail/HC July 04 July Off/Ind/Apt July Retail/HC June 04 June Off/Ind/Apt June Retail/HC May 04 May Off/Ind/Apt May Retail/HC April Off/Ind/Apt April Retail/HC April 04 March Off/Ind/Apt March Retail/HC March 04 Feb Off/Ind/Apt Feb Retail/HC Feb 04 Jan Off/Ind/Apt Jan Retail/HC Jan 04 Dec Off/Ind/Apt Dec Retail/HC Dec 03 Nov Off/Ind/Apt Nov Retail/HC Nov 03 Oct Off/Ind/Apt Oct Retail/HC Oct 03 Sept Off/Ind/Apt Sept Retail/HC Sept 03 August Off/Ind/Apt August Retail/HC August 03 July Off/Ind/Apt July Retail/HC July 03 Factoids  Q3-02 Index  Q2-02 Index  Q1-02 Index  Q4-01 Index  Q3-01 Index  Q2-01 Index  Q1-01 Index Biz Links Business News Columnists Econ Reports Stock Exchanges Searches Tax News REIT Links CPN CSA Globe St. ICSC Real Estate Journal Reis ReBuz RSR NaREIT NREI Property ICSC REIT Week REIT Net NAIOP ShopCntrsToday ShopCntrWrld Ind & Office Realtors Yahoo Sortable REOC List Yahoo Stock Screen Stock Charts

October 2005     The Shopping Center sector fell 3.63% in October to a loss year-to-date of 2.44% from September's gain of 2.00%. 05 FFO growth estimates ended October with a fall to 0.76% vs. September's fall of 0.59%. Yields rose 23 basis points to 5.29% from September's 5.06%. Based on the numbers from this site, the Shopping Center sector had a yield spread over the ten year treasury [4.57%] of 72 basis points at October's end, 73 basis points at September's end, 99 points at August's end, 50 at July's end, 105 at June's end, 118 at May's end, and 115 at April's end.     The Mall sector fell 3.39% in October to a year-to-date gain of 0.76% from Sept's gain of 4.31% gain year-to-date. 05 FFO growth estimates ended October with a rise to 2.05% vs. Sept's 3.93%. Yields rose 25 basis points to 4.67% from Sept's 4.42%.     The Health Care sector fell 4.66% in October to a loss of 0.63% year to date from Sept's gain of 4.32%. 05 FFO growth estimates ended October with a fall to -2.00% vs. Sept's -1.96%. Yields rose 31 basis points to 6.53% from Sept's 6.22%.     The Hospitality sector fell 1.81% for the month to a year-to-date loss of 1.85% vs. Sept's 0.11% gain. 05 FFO growth estimates ended October with a fall of 0.50% vs. Sept's 0.24%. Yields rose 13 basis points to 5.42% vs Sept's 5.29%.     During October, the Office sector fell 3.40% to a gain of 1.10% year-to-date from September's year-to-date gain of 4.99%. 05 FFO growth estimates ended October with a fall to -11.58% vs. September's fall of -10.63%. Yields rose 26 basis points to 5.71% from September's 5.45%. Based on the numbers from this site, the Office sector had a yield spread over the ten year treasury of 114 at October's end, 112 basis points at September's end, 113 points at August's end, 102 at July's end, 171 at June's end, 183 at May's end, and 170 at April's end. I feel uncomportable with spreads under 150.     The Industrial sector fell 0.89% for the month, to a gain of 4.23% year-to-date from Sept's gain of 6.39%. 05 FFO growth estimates ended October with a fall to -0.47% vs. Sept's fall of 0.16%. Yields rose 22 basis points to 4.53% from Sept's 4.31%.     The Apartment sector rose 4.47% for the month to a gain of 6.99% year to date from Sept's gain of 3.80%. 05 FFO growth estimates ended October rising to 0.21% vs. Sept's rise of 0.08%. Yields fell 24 basis points to 4.86% from Sept's 5.10%.     In the three other equity income segments followed by this site, Pipeline MLPs fell 2.95% for the month and were up 6.95% year-to-date [vs being up 10.28% at September's end] and had a distribution yield of 6.45% [vs. 6.07% in September] - a rise of 38 basis points. Most MLPs rose their distribution during the month. During October, large-cap banks rose 3.76% to a loss of 5.40% year to date, from September's loss of 8.75% and yields fell 13 basis points to 3.71% from September's 3.84%. Mid-cap banks rose 1.39% to a year-to-date loss of 4.99% from September's loss of 5.44% and yields ended at 3.53% [vs. September's 3.55% - a fall of 2 basis points]. The ten year treasury ended the month at 4.57% [vs 4.33% on 9-30 - a rise of 27 basis points]. Office Update for 10-31-05 Industrial Update for 10-31-05 Apartment Update for 10-31-05 NOTE: Although the tables above are checked and double-checked for accuracy, and may at times be 100% accurate - do NOT count on that. Please confirm through your own research any numbers on which you are to make a buy, sell or hold decision. Most sites giving this kind of data would say that it's information is for entertainment purposes only. I will not presume that you are that masochistic. And even accurately replicated and freshly retrieved FFO numbers are often stale.     Click here for the Shopping Center, Mall, and Health Care Update page. This months article updates are here. Home Page Previous REIT Update Top Sites