US REIT same-store net operating income growth slowed in Q1
May 25, 2023 | Ronamil Portes | S&P Global Market Intelligence
Publicly traded US equity real estate investment trusts opened 2023 with a slowdown in median growth of same-store net operating income in the first quarter.
The same-store net operating income (NOI) across publicly traded US equity REITs was up a median 5.2% year over year in the first quarter, following a 5.6% median hike in the previous quarter and a 6.1% year-over-year median increase for the whole year of 2022.