REITs median premium to NAV in the U.S. 2019-2024, by property type
As of February 2024, many different types of REITs in the United States traded with a discount to the NAV. On average, U.S. REITs traded with median discounts of 15 percent. Diversified REITs saw the heaviest median discount, this being 27.1 percent. Datacenters were the only property type which traded with a median premium to the NAV (15.2 percent). The net asset value (NAV) is the price at which shares or units of a REIT are traded.
