Hard-hit property sectors showing signs of recovery
The FTSE Nareit All Equity Index total returns rose 2.72% in February, and Nareit EVP of Research and Investor Outreach John Worth notes that lodging and retail both posted strong gains. “[I]nvestors are seeing a light at the end of the tunnel in terms of social distancing risk, improvements in the pace of vaccine rollout and expressing interest in sectors that have had a high social distancing quotient,” Worth says.