2024 REIT Offerings
Data as of June 12, 2024 . Source: S&P Global Market Intelligence
As of June 12, 2024, publicly traded U.S. equity REITs raised approximately $11.66 billion through capital offerings. Senior Debt offerings accounted for 60% of total capital raised, amounting to $6.98 billion, followed by common equity which amounted to $4.68 billion.
Specialty and Hotel topped the charts among the REIT property sectors. Among specialty sector, Crown Castle Inc., raised $1.69 billion through Common Equity, followed by another specialty sector REIT, American Tower Corporation which raised $0.60 billion via senior debt offerings.
Saima Yasmin is a Senior Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence.
If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here: https://www.spglobal.com/marketintelligence/en/campaigns/real-estate
The post 2024 REIT Offerings appeared first on Commercial Property Executive.
