Specialty REITs Raise Most Capital Year-to-Date
- Oct 04, 2017
Year-to-date as of Sept. 29, publicly traded U.S.equity REITs completed approximately $72.8 billion through capital raising activity. Senior debt offerings comprised $40.3 billion of the total raised, followed by $26.0 billion raised through common stock offerings and $6.6 billion through preferred stock offerings.
Among the REIT property sectors, the specialty sector raised the largest amount of capital year-to-date through Sept. 29, at $25.9 billion, with communications REITs accounting for 42.2 percent of the total amount raised. The health care sector raised the second largest amount of capital at $9.8 billion.
Khamile Armhynn Sabas is an analyst in the real estate product operations department of S&P Global Market Intelligence.