Commercial REIT Results—April 2024

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Industrial REIT payout ratios far exceeded those of the office sector. The post Commercial REIT Results—April 2024 appeared first on Commercial Property Executive.

Data as of May 3, 2024. Source: S&P Global Market Intelligence 

As of May 3, 2024, publicly traded U.S. equity REITs had an average 2024Q1 AFFO payout ratio estimate of 74.7 percent.

Among these sectors, industrial REITs had the highest average AFFO payout ratio estimate for the first quarter of 2024, at 83.0 percent. The office sector had the lowest average AFFO payout ratio estimate of 60.7 percent.

— Iman Niazi 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 Commercial REIT Results—April 2024 appeared first on Commercial Property Executive.

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