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US Retail REITs Review: Change in Strategy for Changing Times

Executive Summary

This report provides an overview of the evolution of real estate investment trusts (REITs) in the US and the current REIT landscape,with a focus on retail REITs.

  • Retail REITs have perform facilitated by well managed strategies, despite a difficult retail environment in 2017.
  • Occupancy rate growth for retail REITs was second only to industrial REITs while funds from operations et operating income and same-store  also showed steady growth.
  • Changing tenant mix at mall REITs highlight a period of evolution.
  • A  toward services and experiential retail has prompted diversification away from  department stores and apparel retailers.
  • Food and beverage services as traffic drivers.
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