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Real Estate

Back in 2016, Real Estate became the 11th sector in GICS®, the Global Industry Classification Standard. This was a smart move, as real estate could and should be an important component in one's portfolio. Also, considering the amount of wealth that has been created throughout the ages via real estate investment, it is quite amazing that it took this long to join this exclusive club. The Real Estate sector is comprised of two group classifications and twelve specific industries, as follows (along with their GICS® codes):
​
  • Real Estate Investment Trusts, or REITs (601010)
    • Diversified REITs (60101010)
    • Industrial REITs (60101020)
    • Hotel & Resort REITs (60101030)
    • Office REITs (60101040)
    • Health Care REITs (60101050)
    • Residential REITs (60101060)
    • Retail REITs (60101070)
    • Specialized REITs (60101080)
  • Real Estate Management & Development (601020)
    • Diversified Real Estate Activities (60102010)
    • Real Estate Operating Companies (60102020)
    • Real Estate Development (60102030)
    • Real Estate Services (60102040)

Real Estate Management & Development

While this group of industries does not include homebuilders, it does include most every other company involved in the development,  sales, leasing, and management process.  
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Real Estate Investment Trusts (REITs)

A real estate investment trust (REIT) is an organization which owns income-producing real estate in a variety of different property classifications. This dynamic investment group contains REITs which specialize in everything from cloud storage buildings to healthcare facilities to shopping centers. Great wealth has been created via REITs, but beware: if you select poorly this portion of your portfolio can get crushed. This industry group is ultra-sensitive to economic and legislative changes, such as a softening economy or increased regulation. It is wise to have an investment professional help you navigate these waters.  
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Content copyright 2022, Penn Wealth Publishing, LLC.  All rights reserved.

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Disclaimer

Any opinions expressed are those of Penn Wealth Publishing, LLC and are current only through the date posted.  We reserve our First Amendment right to use parody, sarcasm, satire, and irreverent humor to analyze the current state of business, finance, domestic issues, and global affairs; and to speak freely, outside the zeitgeist of political correctness.  These views are subject to change at any time based on market and other conditions, and no forecasts can be guaranteed.  Past performance is no guarantee of future results.  Always consult your investment professional before investing any money. All attempts to ensure accuracy in the data provided have been made, but always verify at the source before investing. This site is for informational purposes only; Penn Wealth Publishing, LLC is not responsible for any losses incurred. 

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  • Home
  • News Headlines
  • The Penn Portfolios
  • Contact
  • Blog
  • Financial Terms & Concepts
  • Art & Collectibles
  • Cash & Fixed Income
  • Commodities
    • Coffee & Cocoa Beans
    • Grains
    • Sugar
  • Communications Services
    • Interactive Media & Services
    • Media & Entertainment
    • Telecommunication Services
  • Consumer Staples
    • Beverages, Tobacco, & Cannabis
    • Drug Retail
    • Food & Staples Retailing
    • Food Products
    • Household & Personal Products
  • Consumer Discretionary
    • Automotive
    • Consumer Electronics
    • Education & Training Services
    • Homes and Durables
    • Hotels, Resorts, & Cruise Lines
    • Leisure Equipment, Products, & Facilities
    • Restaurants
    • Multiline Retail
    • Specialty Retail >
      • E-Commerce
    • Textiles, Apparel, & Luxury Goods
  • Currencies & Forex
    • Cryptocurrencies
  • Economics
    • Economic Outlook
    • Demographics & Lifestyle
    • Education & Training
    • Goods & Services
    • Happiness Index
    • Housing
    • Supply, Demand, & Prices
    • Work & Pay
  • Energy
    • Energy Commodities
    • Energy Equipment & Services
    • Exploration & Production
    • Integrated Oil & Gas
    • Oil/Gas Refining, Storage/Transport
  • Financials
    • Capital Markets
    • Commercial Banks
    • Consumer Finance
    • Fintech
    • Insurance
  • Fixed Income Desk
    • Bank Loans
    • Corporate Bonds
    • Municipal Bonds
    • Sovereign Debt & Global Fixed Income
  • Global Strategy
    • Trade
    • Africa
    • Australasia
    • East & SE Asia
    • Europe >
      • Russia
    • Global GDP & Debt
    • Global Health Threats
    • Global Organizations & Accords
    • Latin America
    • Middle East
    • South Asia
    • War on Terrorism
  • Government Report
    • National Debt & Deficit
    • Fiscal Policy
    • Government Watchdog
    • Judicial Watch
    • Media Malpractice
    • Monetary Policy
    • National Security
    • Trade Policy
  • Health Care
    • Biotechnology
    • Health Care Facilities
    • Health Care Providers & Services
    • Life Sciences Tools & Services
    • Medical Devices Equip & Supplies
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Airlines & Air Freight
    • Business & Professional Services
    • Construction & Engineering
    • Industrial Conglomerates
    • Robotics & Industrial Machinery
    • Maritime
    • Road & Rail
    • Trading Companies and Distributors
    • Transportation Infrastructure
  • Information Technology
    • Application & Systems Software
    • Technology Hardware & Equipment
    • Cybersecurity
    • Electronics Equipment & Components
    • IT Software & Services
    • Semiconductors & Equipment
  • Materials
    • Chemicals
    • Construction Materials
    • Metals & Mining
  • Real Estate
    • Management & Development
    • REITs >
      • Hotel & Resort REITs
      • Retail REITs
      • Specialty REITs
  • Utilities
    • Renewables
    • Electric Utilities
  • Wall Street
    • Corporate Governance
    • Global Exchanges & Indexes
    • Market Pulse
    • Market Risk Management >
      • Market Downturns Cause & Effect
      • Bear Market Chatter