National Association of Real Estate Investment Trusts
Uploaded by: Knoema
Accessed On: 07 December, 2016
National Association of Real Estate Investment Trust’s (NAREIT) total Real Estate Investment Trust (REIT) Industry Tracker Series – the NAREIT T-Tracker – is the first quarterly performance measure of the heartbeat of the U.S. listed REIT industry. The series includes three key REIT industry measures: the NAREIT FFO Tracker, which monitors equity REIT Funds From Operations; the NAREIT NOI Tracker, which reports the equity REIT industry’s Net Operating Income; and the NAREIT Dividend Tracker, which monitors the dividends U.S. listed equity and mortgage REITs pay to their shareholders.Funds from operations per share is calculated using the formula: (Net Income + Depreciation + Amortization - Gains on Sales of Property)/ Shares Outstanding. Net operating income is calculated using the formula: Gross Income - Operating Expenses. Dividend per share is calculated using the formula: Dividends/Number of shares.