Dane Bowler writes that apartment REITs have systematically outperformed over time, and by a huge margin based on (1) clean industry structure, (2) location and time specificity, and (3) shadow supply reduction. Since 1992, they have achieved a return of 2743% compared to the 1438% return of the general REIT Index. Interesting consideration of the impact of Airbnb related legislation in the space.
https://seekingalpha.com/article/4235941-apartment-reits-fundamental-and-investment-outlook
Beth Mattson-Teig reports on rising investor appetite for real assets and a move away from publicly-traded stocks to private securities as yields have declined. The non-listed REIT sector is also benefitting from growing demand for income investments for retirement accounts from both institutions and individual investors.
https://www.nreionline.com/reits/non-listed-reits-capitalize-fundraising-momentum
Good news for REIT investors, the IRS clarified rules that allow a 20% deduction off the income received via REIT investments from overall taxable income of eligible investors.
https://bic.financial-planning.com/articles/business-owners-get-irs-rules-on-20-tax-break
