REITs (Real Estate Investment Trusts) are investment vehicles that own and operate income-producing real estate assets. They are known for providing investors with a way to invest in real estate without actually owning physical property. Here are some of the top-performing REITs based on their total returns over the past few years:
- American Tower Corporation (AMT): American Tower is a REIT that owns and operates wireless communication towers. It has consistently been one of the top-performing REITs, with a total return of 77.1% over the past five years (as of 2021).
- Prologis, Inc. (PLD): Prologis is a REIT that owns and operates logistics and distribution centers. It has had a total return of 79.2% over the past five years (as of 2021).
- Digital Realty Trust, Inc. (DLR): Digital Realty Trust is a REIT that owns and operates data centers. It has had a total return of 63.3% over the past five years (as of 2021).
- Equinix, Inc. (EQIX): Equinix is a REIT that owns and operates data centers and interconnection platforms. It has had a total return of 99.5% over the past five years (as of 2021).
- Public Storage (PSA): Public Storage is a REIT that owns and operates self-storage facilities. It has had a total return of 59.4% over the past five years (as of 2021).
It is important to note that past performance does not guarantee future results, and investors should always conduct thorough research before investing in any particular REIT.