From data gathered on Sept. 30, 2019, healthcare real estate investment trusts (REITs) have earned a trailing ten-year return of 11.6% on average.
Office REITs, however, tend to have an average ten-year return of 9%.
S&P Global reported that healthcare REITs have a five-year average dividend yield of 5.2%, while office REITs hold an average dividend yield of 2.9%.
With a global recession looming, a volatile technology sector leading the way in layoffs — Meta Platforms (NASDAQ: META) cut at least 11,000 employees — and employees still reluctant to return to the office since the Covid-19 pandemic started, office REITs may face harsher headwinds in the next few years.
Therefore, healthcare REITs …