The Q2 2024 T-Tracker report presents a comprehensive snapshot of U.S. listed equity and mortgage REITs. The data reflect resilient fundamentals across sectors, with a modest uptick in Funds From Operations (FFO) and stable dividend activity.
Total REIT Industry Tracker Results 2024 : Q2
Nareit
Edward Pierzak
Research
33 Pages
Key Takeaways
FFO rebounds modestly: FFO for all listed equity REITs rose to $20.2B in Q2, up 8.5% quarter-over-quarter but down 0.9% year-over-year
Dividends hold steady: Equity REITs paid $14.1B in dividends, showing resilience despite a 4.6% sequential dip from Q1 levels
NOI growth continues: Net Operating Income climbed 2.5% quarter-over-quarter, driven by sectors like industrial, retail, and health care