T
he Real Estate sector encompasses companies that develop, acquire, manage, and operate real estate properties. Key players in this sector include Kimco Realty, Vornado Realty Trust, and Westfield Group. The sector's performance is tracked through the S&P 500 Real Estate index.
Industry Market Weight YTD Return
REIT - Specialty: 24.15%, 1.21%
REIT - Industrial: 15.38%, -4.56%
REIT - Retail: 13.32%, -0.18%
REIT - Healthcare Facilities: 12.39%, 27.89%
REIT - Residential: 11.66%, -6.85%
Real Estate Services: 8.68%, 14.71%
REIT - Office: 4.02%, -12.72%
REIT - Mortgage: 3.87%, 11.88%
REIT - Diversified: 3.84%, -0.11%
REIT - Hotel & Motel: 1.85%, -16.49%
The Vickers Top Insider Picks report identifies companies with compelling insider purchase histories, including American Tower Corp., a leading wireless and broadcast communications real estate company.
American Tower operates over 148,000 international tower sites and 42,000 towers in the U.S. and Canada, with data centers accounting for about 9% of total revenues. Top U.S. tenants include T-Mobile, AT&T, and Verizon.
Market Digest highlights earnings season, with over 1,400 public companies reporting this week. Communication Services leads with a 43% growth in corporate earnings, while Energy lags at -23%. The economic calendar is quiet, with the U.S. Trade Deficit release on Tuesday.
Sector performance reveals a mixed picture, with Industrials leading at 15%, followed by Information Technology and Communication Services. Real Estate struggles amid elevated interest rates, up only 2% for the year.
Public Storage is the largest owner of self-storage facilities in the US, with over 3,300 facilities across 40 states and approximately 245 million square feet of rentable space. The company also has exposure to the European self-storage market through Shurgard Self Storage.
