The best-performing real estate investment trusts
Rank Company/ticker symbol Property focus/number of properties One-year total return* Dividend yield* Implied…
| Rank | Company/ticker symbol | Property focus/number of properties | One-year total return* | Dividend yield* | Implied market capitalization ($M)* | Funds from operations per share | Debt-to-total capitalization | Fixed-charge coverage ratio (multiple) |
|---|---|---|---|---|---|---|---|---|
| 1 | Sabra Health Care REIT Inc. Ticker:(SBRA) | Health care | 113.1% | 6.1% | $803.6 | $1.41 | 39.7% | 2.3 |
| 2 | American Realty Capital Trust Inc. Ticker:(ARCT) | Retail: other | 89.8% | 6.6% | $1,727.4 | $0.67 | 33.6% | 3.9 |
| 3 | Stag Industrial Inc. Ticker:(STAG) | Industrial | 76.6% | 6.3% | $709.7 | N/A | 27.1% | 2.7 |
| 4 | Pennsylvania Real Estate Investment Trust Ticker:(PEI) | Regional mall | 72.9% | 4.0% | $934.3 | $1.76 | 66.7% | 1.7 |
| 5 | Weyerhaeuser Co. Ticker:(WY) | Specialty | 60.7% | 2.6% | $14,312.7 | N/A | 23.3% | 3.9 |
| 6 | CBL & Associates Properties Inc. Ticker:(CBL) | Regional mall | 59.7% | 3.9% | $4,237.6 | $2.16 | 48.1% | 2.3 |
| 7 | Retail Properties of America Inc. Ticker:(RPAI) | Shopping center | 59.1% | 5.4% | $2,843.8 | $1.81 | 52.9% | 2.1 |
| 8 | Extra Space Storage Inc. Ticker:(EXR) | Self-storage | 57.9% | 2.8% | $3,994.9 | $1.49 | 30.6% | 3.7 |
| 9 | Cedar Realty Trust Inc. Ticker:(CDR) | Shopping center | 51.9% | 4.0% | $339.2 | $0.43 | 51.9% | 1.5 |
| 10 | Sovran Self Storage Inc. Ticker:(SSS) | Self-storage | 51.8% | 2.9% | $1,871.1 | $3.10 | 25.5% | 4.0 |
| 11 | Hudson Pacific Properties Inc. Ticker:(HPP) | Office | 46.8% | 2.8% | $900.1 | $0.88 | 25.0% | 2.4 |
| 12 | Universal Health Realty Income Trust Ticker:(UHT) | Health care | 40.9% | 5.1% | $607.8 | $2.67 | 25.5% | 5.4 |
| 13 | American Assets Trust Inc. Ticker:(AAT) | Diversified | 40.6% | 3.1% | $1,593.8 | $1.25 | 41.7% | 2.4 |
| 14 | Healthcare Realty Trust Inc. Ticker:(HR) | Health care | 39.7% | 5.1% | $2,050.8 | $1.35 | 37.6% | 2.4 |
| 15 | CubeSmart Ticker:(CUBE) | Self-storage | 39.2% | 2.4% | $1,728.4 | $0.60 | 37.7% | 2.7 |
| 16 | General Growth Properties Inc. Ticker:(GGP) | Regional mall | 37.2% | 2.3% | $17,797.3 | $0.26 | 46.6% | 1.9 |
| 17 | CoreSite Realty Corp. Ticker:(COR) | Specialty | 37.1% | 3.3% | $1,012.2 | $1.47 | 11.0% | 13.6 |
| 18 | First Industrial Realty Trust Inc. Ticker:(FR) | Industrial | 36.7% | 0.0% | $1,334.7 | $0.93 | 44.3% | 2.0 |
| 19 | Ramco-Gershenson Properties Trust Ticker:(RPT) | Shopping center | 35.8% | 5.5% | $616.5 | $0.75 | 42.3% | 2.3 |
| 20 | Kite Realty Group Trust Ticker:(KRG) | Shopping center | 35.6% | 4.5% | $451.9 | $0.42 | 59.0% | 1.9 |
| 21 | Omega Healthcare Investors Inc. Ticker:(OHI) | Health care | 35.2% | 7.9% | $2,492.0 | $1.96 | 38.4% | 3.3 |
| 22 | CapLease Inc. Ticker:(LSE) | Diversified | 33.1% | 5.5% | $339.3 | $1.07 | 71.2% | 1.6 |
| 23 | DCT Industrial Trust Inc. Ticker:(DCT) | Industrial | 33.0% | 4.5% | $1,824.8 | $0.42 | 38.8% | 2.5 |
| 24 | DDR Corp. Ticker:(DDR) | Shopping center | 31.2% | 3.1% | $4,730.0 | $1.02 | 45.4% | 2.1 |
| 25 | Chesapeake Lodging Trust Ticker:(CHSP) | Hotel | 31.0% | 4.8% | $724.5 | $1.39 | 28.2% | 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
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