However, the sector runs the risk of overbuilding. The corporation has offices in countries all around the globe and has seen a steady increase in revenue over the past few years. Not surprisingly, brand value in the top 10 has grown almost across the board, though Coca-Cola is a notable exception, dropping $15 billion in estimated brand value over 22 years. Discounted offers are only available to new members. The 7 Best Penny Stocks on ETrade To Buy (January 2023), The 7 Best Solar Penny Stocks to Buy for January 2023. When the time is right, Arrived Homes sells the property so investors can cash in on the equity they've gained over time. There are numerous industrial REITs listed on the FTSE Nareit US Real Estate Indexes available to invest in directly, or an individual can invest through REIT mutual funds or exchange-traded funds (ETFs). Stag Industrial is always on the hunt for new industrial buildings, carefully assessing potential investments for long-term opportunities that wont hinder the bottom line. There are currently 170 U.S. real estate investment trusts or REITs in our database. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. ", Nareit, Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1347390/market-cap-leading-industrial-reits-usa/ (last visited January 18, 2023), Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization (in billion U.S. dollars) [Graph], Nareit, November 1, 2022. Duke Realty also traded medical offices and other businesses and now owns properties throughout the United States, focusing on the Midwest and South. Due to this headwind and its high debt load, the stock has plunged 56% this year, to a 13-year low. On the other hand, OPI has greatly increased its debt load after its latest acquisition. The Stock Dork is on a mission to teach investors about the ins and outs of building real wealth by investing in stocks and other assets .Read More, Innovative Industrial Properties Inc. (NYSE: IIPR), Stag Industrial has a diversified portfolio of industrial, This industrial REIT sets itself apart by paying, The 8 Best High Beta Stocks For Traders That Crave Volatility. This list does not include mortgage REITs -- see our separate list of mortgage REITs. During the quarter, SLG signed 32 Manhattan office leases for a total of 930,232 square feet. The REIT is in the business of logistics real estate, acting as an intermediary for incoming shipments to major ports before distribution. Capital is a financial asset that usually comes with a cost. The largest industrial and logistics REIT, Prologis, saw its market cap fall from about 125 billion U.S. dollars to approximately 75 billion U.S. dollars between December 2021 and September. Financial numbers, especially earnings per share, have looked solid over the past year. CoStars Lisa McNatt says Americans are spending $5 trillion of pandemic-era savings in retail and other sectors, and employees are returning to the office. This is best captured by Amazons massive growth during the COVID-19 pandemic, during which the company doubled the number of its warehouse facilities. Theres also a 2.9% dividend yield for some healthy passive income. Uniti Fiber contributed $74.5 million of revenues and $28.6 million of Adjusted EBITDA for the third quarter of 2022, achieving Adjusted EBITDA margins of approximately 38%. It uses estimates of the present value of earnings a brand is forecasted to generate in the future. The information above is only to be seen as astarting point. The following lists provide useful information on high dividend stocks and stocks that pay monthly dividends: Thanks for reading this article. Want $500 in Annual Passive Income? November 1, 2022. To make the world smarter, happier, and richer. Of the 10 REITs listed below, Im bullish on five and bearish on the othersover the next 1-3 years. And its not always a matter of quality. Plymouth Industrial REIT, Inc. PLYM. These include white papers, government data, original reporting, and interviews with industry experts. 1-202-739-9401 (fax). The Scripps Center in Cincinnati, Ohio and the Captrust Tower in Raleigh, North Carolina, were both developed by Duke Realty Corporation. This exceptional credit profile constitutes a meaningful competitive advantage. Given also the negative effect of some assets sales, its funds from operations (FFO) per share decreased -7% over the prior years quarter, from $1.78 to $1.66. The Top 7 REITs Today #7: Douglas Emmett (DEI) #6: Innovative Industrial Properties Trust (IIPR) #5: Industrial Logistics Properties Trust (ILPT) #4: Brandywine Realty Trust (BDN) #3: Office Properties Income Trust (OPI) #2: SL Green Realty (SLG) #1: Broadmark Realty Capital (BRMK) How To Use The REIT List To Find Dividend Stock Ideas Some industrial REITs focus on specific types of properties, such as warehouses and distribution centers. A pure real estate play like this isnt likely to perform well in a deflationary environment. The company has taken numerous measure to lessen the impact of real estate practices upon the environment. Americold has been a serial acquirer, enabling it to build the world's second-largest portfolio of temperature-controlled warehouses. Public Storage is the largest self-storage brand in America and owns more storage facilities than any other company at 44,000-52,000 self-storage facilities. With their historically competitive total returns and comparatively low correlation with other assets make them an attractive addition and diversifier for many Americans portfolios. The company invests only in Australia with the portfolio predominately weighed towards eastern seaboard CBD office markets. Arrived Homes acquires properties in some of the fastest-growing rental markets in the country, then sells shares to individual investors who simply collect passive income while waiting for the property to appreciate in value over 5 to 7 years. Here we discuss the four main types of capital: debt, equity, working, and trading. A REIT and S&P 500 member, Duke Realty Corp. (NESE: DRE) is a significant industrial property owner, developer and manager. It is the largest REIT of its kind, focusing exclusively on temperature-controlled warehouses and the distribution of refrigerated products. Companies such as Amazon, Home Depot, and Walmart rely on these REITs for last-mile delivery and distribution. REITs are, by design, a fantastic asset class for investors looking to generate income. As shown above, REITs focus on different sectors of the market. All rights reserved. [1] Notable publicly traded real estate investment trusts based in the United States include: The company has certainly grown since its humble beginnings with only 900,000 acres to its name! Thus, one of the primary benefits of investing in these securities is their high dividend yields. Industrial real estate covers a lot of ground. REITs can make it yours. Because of that, many industrial REITs focus on a specific property type. CFO Anthony Saladino says core fundamentals at strongest level in more than a decade. The net loss and Adjusted EBITDA were $155.7 million and $225.1 million, respectively, for the same period. More than the vast majority of other business types, they are primarily involved in the ownership of long-lived assets. It will opportunistically develop them on non-income producing land inside its existing business parks. Click here to download your Complete REIT Excel Spreadsheet List now. On the bright side, management reiterated its guidance for FFO per share of $1.36-$1.40 in 2022. Rexford Industrial Realty invests exclusively in industrial property throughout infill Southern California. Click here to download our most recent Sure Analysis report on SLG (preview of page 1 of 3 shown below): The REIT Spreadsheet list in this article contains a list of publicly-traded Real Estate Investment Trusts. This multinational logistics REIT formed from the merger of AMB Property Corporation and ProLogis to become the largest industrial real estate company in the world. This industrial REIT sets itself apart by paying monthly dividends, currently to the tune of 4.5%. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. Profit from the additional features of your individual account. Adjusted Funds From Operations was $112.6 million, or $0.43 per diluted common share. Americold Realty Trust has been in business for nearly 120 years, providing services from coast to coast and around the globe. The REIT recently celebrated its 50th year in business by ringing the opening bell at the NYSE. We also reference original research from other reputable publishers where appropriate. New, bigger and better facilities are built. If you would like to produce the full rankings page, please reach out to the Research Team. For example, Prologis manages the world's largest portfolio of logistics real estate. For an example of how FFO is calculated, consider the following net income-to-FFO reconciliation from Realty Income (O), one of the largest and most popular REIT securities. Long Term Leases. As shown above, REITs focus on different sectors of the market. REITs with dividend yields of 5% or higher, #2: Innovative Industrial Properties Trust (IIPR), Click here to download your Complete REIT Excel Spreadsheet List now, Dividend investing versus real estate investing, The Best Marijuana Stocks: List of 100+ Marijuana Industry Companies, The Highest Yielding Dividend Aristocrats List, The 20 Highest Yielding Monthly Dividend Stocks. The largest industrial REITs in Singapore include Ascendas REIT, Mapletree Logistics Trust (MLT) and Mapletree Industrial Trust (MIT). US REITs are especially attractive for IRA and other tax-deferred accounts. Revenue is up more than 11% and benefitted from a recent spike in share price. CEO Bill Crooker said that although the REIT is not aggressively purchasing properties this year, it is in a good financial position. According to official reports, Philadelphia has the highest growth rate of highly educated citizens since 2008 while Austin is the fastest-growing metropolitan area, the best place to start business and it has retrieved all the jobs lost due to the pandemic. Simon Property Group is publicly traded on the New York Stock Exchange, and has held a place on the Fortune 500 list for 5 years. Learn more about how Statista can support your business. An industrial REIT focused on medical-use cannabis real estate. In its recent past it has faced challenges due to its largest tenant filing for bankruptcy and renegotiating its lease with Uniti. Fortunately, 87% of its debt is at fixed rates and there are no debt maturities until the end of 2024. You can only download this statistic as a Premium user. A boost in e-commerce sales over the last few years have paved the way for industrial real estate investment trusts (REITs) to play a crucial role in storage and shipping. These Are The 10 Best Residential And Apartment REITs To Buy For Income! Just like earnings, FFO can be reported on a per-unit basis, giving FFO/unit the rough equivalent of earnings-per-share for a REIT. This corporation maintains a network of colocation data centers or carrier hotels where retail customers can rent space, bandwidth, and related equipment. The Weyerhaeuser Company was founded by Frederick Weyerhaeuser, a German-born immigrant and sawmill worker. REITs are companies that own (and often operate) income-producing real estates, such as apartments, warehouses, self-storage facilities, malls, and hotels. Moreover, U.S. Government tenants generate about 20% of total rental income and no other tenant accounts for more than 4% of annual income. However, when the economy turns and people cant afford to make so many purchases, these warehouses and production centers are not needed as much. As of September 30th, 100% of IIPRs properties were leased with a weighted-average remaining lease term of approximately 15.5 years, half a year less than the previous quarter, but a still very impressive one. Access to this and all other statistics on 80,000 topics from, Show sources information This is because it offers several benefits like diversification (due to less correlation with stocks), monthly income, and protection from inflation. Register in seconds and access exclusive features. In terms of the number of tenants, the combined REIT will have 456 customers, with the contribution by top ten tenants reducing to 25% (EREIT standalone: 31%). Rexford Industrial Realty Inc. (NYSE: REXR) is a major industrial real estate investment firm based in Southern California specializing in purchasing, maintaining and repositioning in-fill industrial properties. Whileall REITs are likely to take a hit, some will present excellent buying opportunities, especially since you will be collecting relatively generous dividend yields in the meantime. Search current real estate investment offerings based on your criteria with Benzinga's New Alternative Investments Screener. Rising rates increase the income yield on lower-risk options such as bonds. While not afraid to acquire new properties, Prologis also performs build-to-suit development for new clients to accommodate their needs. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. Recently announced third-quarter results surpassed earnings per share and revenue goals, with the latter up 17% year over year. The largest REIT on the ASX - by far - is the Goodman Group, with a market cap of $42.74 billion. If the economy isnt on the right track, then its only a matter of time before the stock market catches up. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. In late October, OPI reported (10/27/2022) financial results for the third quarter of fiscal 2022. Meanwhile, rising interest rates can also weigh on REIT stock prices. All Rights Reserved. Prologis is currently also the largest owner of warehouses and distribution centers, managing and developing approximately 3,300 industrial facilities in 19 different countries. Industrial REITs are companies that own and manage real estate properties that are used for manufacturing, production, storage, and distribution of goods. Industrial REITs own and manage industrial facilities and rent space in those properties to tenants. Although not as big as some industrial REIT giants, IIPR already owns over 100 properties totaling eight million square feet in 19 states. REITs operate in the industrial, mortgage, residential and. Click here to download our most recent Sure Analysis report on IIPR (preview of page 1 of 3 shown below). Prologis, the largest private industrial property enterprise on the planet, has nearly 1 billion (yes, with a "b") square feet under management, in roughly 5,000 buildings worldwidein 19 . Prologis sees more than $1 billion in revenue each quarter, with September numbers closing in on the $2 billion mark. The overall market is down right now, but getting in at a low point can serve to increase gains more than when stocks are on the rise. They believe they'll sign a lease before completion. Considering thatREITs arent designed for stock appreciation they're designed for dividend yield this is a clear indication that something is off with the broader market. Its never easy to become a millionaire on the stock market, but with careful planning, you could reach that mark within a few decades by investing in REITs. You only have access to basic statistics. The company leases. As the name suggests, an industrial REIT is a company that invests in and manages industrial properties. As a Premium user you get access to the detailed source references and background information about this statistic. Industrial REITs also face two risks common to all REITs: interest rates and financing risks. Depreciation and amortization expenses reduce a companys net income, which means that sometimes a REITs dividend will be higher than its net income, even though its dividends are safe based on cash flow. statistic alerts) please log in with your personal account. Step 1: Download the Complete REIT Excel Spreadsheet List at the link above. Thanks to the global pandemic, more companies than ever are allocating funds to online sales in recent years. OPI generates 64% of its annual rental income from investment-grade tenants. The Largest Industrial REIT. 1. The demand for these types of companies with such a heightened on-line shopping presence can prove to be a promising investment. A new CEO has stepped in to remedy the problem, and Americold appears better for it. List of the top industrial reits companies. SWFI is a minority-owned organization. This likely leads to large companies laying off employees to cut costs and reduced revenue. Rising online sales are increasing the need for more warehouse space. This is despite consistently good financial numbers, including a 14.7% revenue increase over 2021. Prologis (PLD) The scale of Prologis, a behemoth among REITs, is something usually associated with national governments. Innovative Industrial Properties helps provide capital to thecannabis sector. REITs run unique business models. This is one of the highest percentages of rent paid by investment-grade tenants in the REIT sector. Its multifamily portfolio remained essentially fully leased. Statista. Because the industry is in the midst of a legal transition, there are constraints on capital available to businesses engaged in the marijuana business. While major distribution and e-commerce giants Amazon and FedEx are indeed among the largest industrial REIT tenants - and are decent bellwethers for the overall direction of incremental. The company is confident in its future success, since appliances and autonomous cars will soon be going digital as well. When rates increase, the stock market will have to stand by itself, which will be difficult because the repayment of debts will be more expensive for many companies that borrowed cheap money. This, in turn, sees the former employees taking lower-paying jobs and opting for cheaper living conditions. The company delivered another quarter of very high growth, including acquiring an industrial property in Massachusetts. "Discover Simon Centers in the USA. Indianapolis, Chicago and Atlanta are the company's three largest markets by square feet. In exchange for listing as a REIT, these trusts must pay out at least 90% of their net income as dividend payments to their unitholders (REITs trade as units, not shares). They are wildly unpredictable, making risk go up. In this case, blame prolonged record-low interest rates. Check out our list below for the answers. According to the National Association of Real Estate Investment Trusts (NAREIT), there were 15 publicly traded REITs in early 2022. The REIT generates 86% of its revenue from its office portfolio and 14% of its revenue from its multifamily portfolio. With share prices lower than normal, Rexford stock appears to be a good buy should shares reach future predictions. There was an error. STAG is also highly diversified by tenant, market, and industry. Industrial REIT Dividends Stocks, ETFs, Funds. 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New Alternative largest industrial reits Screener click here to download our most recent Sure Analysis report on IIPR ( preview of 1... Revenue is up more than 11 % and benefitted from a recent spike in share price working and! High dividend yields turn, sees the former employees taking lower-paying jobs and opting for cheaper conditions... Mapletree industrial Trust ( MIT ) download the Complete REIT Excel Spreadsheet list now its. The time is right, Arrived Homes sells the property so investors cash..., blame prolonged record-low interest rates facilities than any other company at 44,000-52,000 self-storage facilities REITs listed below, bullish! Reits, is something usually associated with national governments hand, OPI has greatly increased its debt after... To tenants on different sectors of the 10 best Residential and Apartment REITs Buy. A 2.9 % dividend yield for some healthy passive income by tenant, market, and interviews with experts!