How Many Jobs Are Available in Real Estate Investment Trusts? Unlocking Opportunities

Real estate investment trusts (REITs) are companies that own, operate, or finance income-producing properties.

REITs offer investors a way to participate in the real estate market without having to buy or manage properties themselves.

They can also provide a steady stream of income through dividends, as they are required to distribute at least 90% of their taxable income to shareholders.

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Become a real estate agent | MBITION

REITs can invest in various types of properties, such as residential, commercial, industrial, or specialty real estate.

Depending on the sector and strategy of the REIT, different kinds of jobs may be available for those who are interested in working in this industry. Some of the common job categories in REITs are:

Property management

This involves overseeing the daily operations of the properties owned by the REIT, such as collecting rent, handling maintenance requests, leasing vacant units, and ensuring compliance with regulations.

Property managers may also be responsible for preparing budgets, reports, and marketing plans for the properties.

They typically need a bachelor’s degree in business administration, real estate, or a related field, as well as experience in property management.

national average salary for property managers in REITs was $56,223 per year as of September 2023¹.

Sales and marketing

This involves attracting and retaining tenants and investors for the REIT’s properties and shares.

Sales and marketing professionals may also conduct market research, analyze trends, develop strategies, and create promotional materials.

Sales and marketing professionals may need a bachelor’s degree in marketing, communication, or a related field, as well as experience in sales or marketing.

The national average salary for inbound sales representatives in REITs was $62,542 per year as of September 2023¹.

Analysis and research

This involves collecting and analyzing data on the performance and valuation of the REIT’s properties and shares.

Analysis and research professionals may also provide insights and recommendations to support the decision-making process of the REIT’s management and board.

 

Analysis and research professionals may need a bachelor’s degree in finance, economics, statistics, or a related field, as well as experience in data analysis or research.

The national average salary for analysts in REITs was $67,545 per year as of September 2023.

Acquisitions and development

This involves identifying and evaluating potential properties for acquisition or development by the REIT.

Acquisitions and development professionals may also negotiate contracts, conduct due diligence, oversee construction projects, and manage relationships with vendors and partners.

The national average salary for acquisitions managers in REITs was $97,000 per year as of September 2023.

Investor relations

This involves communicating with current and prospective investors about the REIT’s performance, strategy, outlook, and governance.

Investor relations professionals may also prepare financial reports, presentations, press releases, and other materials for investors.

Investor relations professionals may need a bachelor’s degree in finance, accounting, communication, or a related field, as well as experience in investor relations or corporate communication.

The national average salary for investor relations managers in REITs was $104,000 per year as of September 2023.

According to Indeed.com, there were 2,472 jobs posted by REITs in the United States as of September 12th 2023.

Some of the top employers were IRT Management⁴, RealtyMogul, Store Space Self Storage, BooksTime, Piedmont Housing Alliance, GIC Investment, among others.

The demand for jobs in REITs may also depend on the state of the real estate market and the economy.

According to Nareit, an industry association for REITs, the total returns of equity REITs were 28.7% year-to-date as of August 2023.

This outperformed the S&P 500 index (21.6%) and the Russell 2000 index (15.2%).

The sectors that performed best were self-storage (46%), industrial (40%), office (35%), data centers (34%), and residential (32%).

They performed worst were lodging/resorts (-4%), diversified (-1%), health care (9%), retail (14%), and infrastructure (16%).

To conclude, there are many jobs available in real estate investment trusts for those who are interested in working in this industry.

The salaries and demand for jobs may also vary depending on the performance and outlook of the REIT and the real estate market.

REITs can offer a rewarding career for those who have the skills and qualifications to succeed in this field.

What are roles of Investment Trusts?

The roles of investment trusts are to provide investors with a way to invest in a diversified portfolio of securities through a single share in a public limited company.

AN image of development manager
Development realestate manager [PHOTO COURTESY OF POSTREDI]
Investment trusts can offer benefits such as:

Professional management

Investment trusts are managed by experienced fund managers who have the expertise and resources to research and select the best securities for the trust’s objectives and strategy.

The fund managers are accountable to the board of directors and the shareholders of the trust.

Income and growth

Investment trusts can generate income for their shareholders through dividends, which are paid out of the trust’s profits or reserves.

Investment trusts can also provide capital growth for their shareholders through the appreciation of the value of the underlying securities and the share price of the trust.

Liquidity and flexibility

Investment trusts are traded on the London Stock Exchange, which means investors can buy and sell their shares at any time during market hours.

The share price of an investment trust is determined by the supply and demand of the market, which may differ from the net asset value (NAV) of the trust.

This can create opportunities for investors to buy shares at a discount or sell shares at a premium.

Gearing

Investment trusts can borrow money to invest in more securities, which is known as gearing.

Gearing can enhance the returns of an investment trust when the securities perform well, but it can also magnify the losses when they perform poorly.

Gearing can also increase the costs and risks of an investment trust¹.

Investment trusts can invest in various types of securities, such as equities, bonds, property, or alternative assets.

Conclusion

Real estate investment trusts (REITs) are a popular way to invest in the real estate market without having to own or manage properties.

REITs offer various benefits, such as professional management, income and growth, liquidity and flexibility, and gearing.

However, REITs also have some drawbacks, such as market risk, interest rate risk, dividend risk, and regulatory risk.

Therefore, investors should do their research and understand the characteristics and performance of different REITs before investing.

 

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