The best-performing real estate investment trusts

Ranked by one-year total return

Dec 23, 2012 @ 12:01 am (Updated 11:32 am) EST

RankCompany/ticker symbolProperty focus/number of propertiesOne-year total return*Dividend yield*Implied market capitalization ($M)*Funds from operations per shareDebt-to-total capitalizationFixed-charge coverage ratio (multiple)
1Sabra Health Care REIT Inc. Ticker:(SBRA)Health care113.1%6.1%$803.6$1.4139.7%2.3
2American Realty Capital Trust Inc. Ticker:(ARCT)Retail: other89.8%6.6%$1,727.4$0.6733.6%3.9
3Stag Industrial Inc. Ticker:(STAG)Industrial76.6%6.3%$709.7N/A27.1%2.7
4Pennsylvania Real Estate Investment Trust Ticker:(PEI)Regional mall72.9%4.0%$934.3$1.7666.7%1.7
5Weyerhaeuser Co. Ticker:(WY)Specialty60.7%2.6%$14,312.7N/A23.3%3.9
6CBL & Associates Properties Inc. Ticker:(CBL)Regional mall59.7%3.9%$4,237.6$2.1648.1%2.3
7Retail Properties of America Inc. Ticker:(RPAI)Shopping center59.1%5.4%$2,843.8$1.8152.9%2.1
8Extra Space Storage Inc. Ticker:(EXR)Self-storage57.9%2.8%$3,994.9$1.4930.6%3.7
9Cedar Realty Trust Inc. Ticker:(CDR)Shopping center51.9%4.0%$339.2$0.4351.9%1.5
10Sovran Self Storage Inc. Ticker:(SSS)Self-storage51.8%2.9%$1,871.1$3.1025.5%4.0
11Hudson Pacific Properties Inc. Ticker:(HPP)Office46.8%2.8%$900.1$0.8825.0%2.4
12Universal Health Realty Income Trust Ticker:(UHT)Health care40.9%5.1%$607.8$2.6725.5%5.4
13American Assets Trust Inc. Ticker:(AAT)Diversified40.6%3.1%$1,593.8$1.2541.7%2.4
14Healthcare Realty Trust Inc. Ticker:(HR)Health care39.7%5.1%$2,050.8$1.3537.6%2.4
15CubeSmart Ticker:(CUBE)Self-storage39.2%2.4%$1,728.4$0.6037.7%2.7
16General Growth Properties Inc. Ticker:(GGP)Regional mall37.2%2.3%$17,797.3$0.2646.6%1.9
17CoreSite Realty Corp. Ticker:(COR)Specialty37.1%3.3%$1,012.2$1.4711.0%13.6
18First Industrial Realty Trust Inc. Ticker:(FR)Industrial36.7%0.0%$1,334.7$0.9344.3%2.0
19Ramco-Gershenson Properties Trust Ticker:(RPT)Shopping center35.8%5.5%$616.5$0.7542.3%2.3
20Kite Realty Group Trust Ticker:(KRG)Shopping center35.6%4.5%$451.9$0.4259.0%1.9
21Omega Healthcare Investors Inc. Ticker:(OHI)Health care35.2%7.9%$2,492.0$1.9638.4%3.3
22CapLease Inc. Ticker:(LSE)Diversified33.1%5.5%$339.3$1.0771.2%1.6
23DCT Industrial Trust Inc. Ticker:(DCT)Industrial33.0%4.5%$1,824.8$0.4238.8%2.5
24DDR Corp. Ticker:(DDR)Shopping center31.2%3.1%$4,730.0$1.0245.4%2.1
25Chesapeake Lodging Trust Ticker:(CHSP)Hotel31.0%4.8%$724.5$1.3928.2%3.0

Ranking is based on unrounded numbers. Includes only those publicly traded U.S. equity REITs with an implied market cap greater than $200M. For the 12-month period ended September 30, 2012 unless otherwise noted. N/A = not available. *As of November 12, 2012

Source: SNL Financial