Office REITs

 Office REITs tend to hold assets in the higher-tiers of the quality spectrum relative to the national average, holding nearly a quarter of all Class-A CBD office buildings in the United States. As a whole, office REITs tend to be concentrated in coastal "gateway" markets, where post-recession job growth has been strongest, but where supply growth has also been most prevalent.

 

Office REITs are classic Growth REITs, exhibiting a lower degree of interest-rate-sensitivity and a higher degree of economic sensitivity than the REIT sector average.

office REITs .png
Symbol
Company
Property Sector
Market Cap ($B)
Dividend Yield (%)
BXP
Boston Properties
Office
19.23
3.19
KRC
Kilroy Realty
Office
8.49
2.86
VNO
Vornado Realty
Office
7.95
5.11
CUZ
Cousins Properties
Office
5.58
3.41
DEI
Douglas Emmett
Office
5.54
3.56
SLG
SL Green Realty
Office
4.84
4.99
HIW
Highwoods Properties
Office
4.53
4.63
HPP
Hudson Pacific
Office
3.68
3.92
JBGS
JBG Smith
Office
3.48
3.29
EQC
Equity Commonwealth
Office
3.17
0
OFC
Corporate Office
Office
3.07
4.02
EQC
Equity Commonwealth
Office
3.06
0
PGRE
Paramount Group
Office
2.35
2.89
BDN
Brandywine Realty
Office
2.19
5.94
AAT
American Assets
Office
2.17
3.58
PDM
Piedmont Office
Office
1.99
5.2
DEA
Easterly Government
Office
1.86
5.14
ESRT
Empire State Realty
Office
1.51
1.58
ALX
Alexander's Inc
Office
1.32
6.99
AHH
Armada Hoffler
Office
1.25
4.79
OPI
Office Properties
Office
1.17
9.14
ONL
Orion Office
Office
0.77
2.93
CIO
City Office REIT
Office
0.72
4.86
FSP
Franklin Street
Office
0.58
6.39
CMCT
CIM Commercial
Office
0.18
4.49