Q2 Performance Summary
SKRADD-NTRE: +0.2% | SKRADD-NTRED: +0.1%
Both non-traded REIT indices saw slight gains in Q2 2024, with the SKRADD-NTRE index narrowly outperforming the SKRADD-NTRED. As of the end of Q2, the largest sector weighting difference was in the industrial sector, where the SKRADD-NTRE held a 5.3% higher allocation compared to SKRADD-NTRED.
Publicly-Traded REITs: 0.0%
Listed REITs, as measured by the S&P United States REIT Index, were flat in Q2, continuing to trade at a discount to their NAVs.
Core Real Estate Funds: -0.5%
The NFI-ODCE Index recorded a -0.5% return, driven by a 1.0% income return and -1.5% appreciation return.
Property-Level Returns: -0.2%
The NCREIF Property Index posted a total return of -0.2% return, with a 1.2% income return offset by a -1.4% appreciation return.
Altidar High Return - Cohen & Steers Income Opportunities REIT: +4.0%
Altidar Low Return - Ares Real Estate Income Trust: -1.4%
Download Q2 Report
For a more in-depth analysis, download the complete index update below. This report offers a historical perspective on the index returns, real estate benchmark comparisons, and recent performance data for the non-traded equity REITs featured on the Altidar platform.