According to NAREIT’s July REITWatch, the average daily trading volume of US listed REITs was USD6.7bn, up from USD4.1bn in June 2010 and USD1.6bn in June 2005. As of 1Q15, the debt ratio for all REITs was 43.5%. The coverage ratio was 3.6 times and the fixed charge ratio was 3.3 times. Some 46 REITs, accounting for 62% of the sector’s market capitalisation were rated at investment grade. For all equity REITs, the corresponding figures were 32.3%, 4.5 times, and 4.1 times. Some 46 equity REITs, accounting for 68% of market capitalisation, were rated at investment grade.

Source : July 2015/NAREIT/New York City/GEN