Dirty Work?

Dirty Work?

Office REITs trudge along, but the market may be shifting.

Office real estate investment trusts (REITs), the investment vehicle often used to access this type of commercial real estate, were on a nice run in the spring, but since then, they’ve suffered a bit of a hit. For the first half of 2013, the SNL Office REIT Index posted a total return of 6.59 percent. Although it typically lags the SNL Equity REIT index, it was in line with it during this period, and it underperformed the S&P for the same period by more than 7 percent.

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TAGS: Real Estate
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