Key Takeaways: REITs

Key Takeaways: Barry Oxford of Colliers Securities anticipates that REITs are positioned to outperform the S&P 500 in 2026, driven by attractive valuations and their status as a “safe haven” during geopolitical instability. While the apartment sector continues to struggle with a backlog of new deliveries that has delayed a return to pricing power, Oxford identifies retail as the strongest property type due to limited new supply and resilient consumer demand. He maintains a preference for stocks trading at a discount to Net Asset Value (NAV), specifically recommending Alpine (PINE), Community Healthcare Trust (CHCT), and Terreno (TRNO) for their disciplined management and strategic market positioning. Oxford suggests that if AI-driven mega-caps experience a pullback, the resulting “risk-off” environment could further accelerate capital flows into the domestic-focused REIT sector.