It is not possible to invest directly in an index. Crown Castle International (CCI) – Converted to a REIT in 2014, it is America’s largest operator of small-cell networks, with roughly 40,000 towers and … This highlights investor demand for differentiated exposure, prompting the launch of Hoya Capital Housing ETF (HOMZ) last March and NETLease … Excerpts from this article appeared in the July 2018 edition of the Forbes Real Estate Investor. Within the Hoya Capital Cell Tower REIT Index, we track the four cell tower and wireless infrastructure REITs which account for roughly $200 billion in market value: American Tower … Cell Tower REITs entered the index in 1999 with Pinnacle Holdings. The true “killer app” for 5G will be fixed wireless broadband internet. Tenants lease space on the tower for their equipment. Important Disclosures, Definitions, & List of Holdings, Economics, Housing, & Commercial Real Estate Analysis. We think that Sprint’s troubles are overstated and that no-deal outcome would benefit tower REITs. As a REIT analyst, it’s my job to cover all sectors of real estate, including cell tower REITs. ... Hoya Capital Real Estate advises an Exchange Traded Fund listed on the NYSE. The index is designed to track total annual spending on housing and housing-related services across the United States. It is not possible to invest directly in an index. Index performance cited in this commentary does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. Within its Cell Tower REIT Index, Hoya Capital tracks the four cell tower and wireless infrastructure REITs that account for nearly $200 billion in market value: American Tower, Crown Castle International, SBA Communications and Uniti Group, along with Landmark Infrastructure Partners, which owns property under cell towers, rooftop wireless sites and billboards. American Tower stock (ticker: AMT) was up 5.4% on Friday, while Crown Castle shares (CCI) rose 3.3%. It is not possible to invest directly in an index. Nareit ® is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Crown Castle International (CCI) is a REIT that owns cell phone towers. Hoya Capital Housing ETF is the first ETF to benchmark the entire U.S. housing market, from multifamily REITs to home improvement retailers A complete list of holdings and other important disclosures and definitions are available by clicking the links below. Find the latest Hoya Capital Housing ETF (HOMZ) stock quote, history, news and other vital information to help you with your stock trading and investing. Hoya Capital Real Estate ("Hoya Capital") is an SEC-registered investment advisory firm that provides investment management services to ETFs, individuals, and institutions, focusing on portfolio and index management of publicly traded securities in the real estate industry. Within the Hoya Capital Cell Tower REIT Index, we track the four cell tower and wireless infrastructure REITs which account for roughly $220 billion in … Hoya Capital is long all components in the Hoya Capital Housing 100 Index. Investments in companies involved in the real estate and housing industries involve unique risks, as do investments in ETFs, mutual funds, and other securities. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. Dense small cell networks will allow carriers to deliver fiber-like speeds without the last-mile wires into each home. High-power macro towers provide the most economical mix of wide coverage and capacity. Nothing on this site nor any published commentary by Hoya Capital is intended to be investment, tax, or legal advice or an offer to buy or sell securities. Now there’s a Housing ETF. A complete list of holdings and other important disclosures and definitions are available by clicking the links below. Cellular network usage has surged as businesses, schools, and individuals stay connected via virtual interaction. Index performance cited in this website or commentary does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. Hoya Capital never receives compensation from any company discussed/mentioned. Cell tower fundamentals are solid and coronavirus-induced stay-at-home environment is accelerating the need for development of faster 5G networks, making tower REITs the hottest play in real estate. Cell tower REITs comprise roughly 10% of the REIT ETFs (VNQ and IYR). Click Here To Read The Full Report on Seeking Alpha! Semiconductor companies have been buoyed as 5G suppliers , … First Trust S&P REIT Index Fund: Real Estate: 0.50%: 2.04%: BBRE: JPMorgan BetaBuilders MSCI US REIT ETF ... Hoya Capital Housing ETF: Materials: 0.30%: 1.47%: REET: iShares Global REIT ETF ... First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund: Global Real Estate: 0.60%: 1.19%: Read Next. Apple's upcoming iPhone 12 launch represents the true "arrival" of 5G, the much-anticipated next-generation mobile network that promises to usher in a new era of technological innovation. Hoya Capital, its affiliate, and/or its clients and/or its employees may hold positions in securities or funds discussed on this website and our published commentary. While these REITs are priced for perfection, low supply and high demand should translate into continued pricing power for cell tower REITs. Colony Capital (NYSE: CLNY) is a real estate investment trust (REIT) that has a huge 7% yield, more than three times what you would get from an S&P 500 Index … Hoya Capital Real Estate ("Hoya Capital") is an SEC-registered investment advisory firm that provides investment management services to ETFs, individuals, and institutions, focusing on portfolio and index management of publicly traded securities in the real estate industry. We believe that ETFs are among the most significant financial innovations of the modern era. HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hoya Capital Housing 100 Index, a rules-based Index designed to track the 100 companies that collectively represent the performance of the US Housing … Today, Cell Tower REITs account for 15% of all equity REITs … Investments in companies involved in the real estate and housing industries involve unique risks, as do investments in ETFs, mutual funds, and other securities. For full report, click here to visit Seeking Alpha! The Hoya Capital Cell Tower REIT Index remains higher by 31% this year, outpacing the 22% gains from the broad-based REIT index, but is off by roughly 12% … Within the Hoya Capital Cell Tower REIT Index… 5G Is Here. Data quoted represents past performance, which is no guarantee of future results. Hoya Capital has no business relationship with any company discussed/mentioned. The S&P 500 index ticked up 0.2%. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and should not be considered a complete discussion of all factors and risks. Cell towers are a great business: you build one tower and then grow its revenue by adding more transmitter leases. Going back to the very knowledgeable Hoya Capital Real Estate for a moment, it explains: Cell tower REITs trade at an estimated 30-50% premium to private market-implied net … Learn everything you need to know about Fidelity® MSCI Real Estate ETF (FREL) and how it ranks compared to other funds. Infrastructure REITs that own and manage cell towers, energy pipelines, and the like… In and of themselves, none of those really strike me as queen bee vs. worker bee comparisons. The Chilton REIT Portfolio owns all three with a collective weight of 21.7% as of July 31, 2020, which compared to the MSCI US REIT Index’s (Bloomberg: RMZ) 0% weighting and the NAREIT All Equity REIT Index (Bloomberg: FNER) weight of 19.7%. "The cell tower stocks are in raging bull market mode, with the coming build-out of 5G giving them an extra catalyst." In fact, per Nareit daily returns market data, infrastructure REITs, which include tower REITs, have been witnessing solid momentum year to date, gaining 19.7% against the S&P Index… 3-month fund flows is a metric that can be used to gauge the perceived popularity amongst investors of Hoya Capital Real Estate, … Data quoted represents past performance, which is no guarantee of future results. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and should not be considered a complete discussion of all factors and risks. Investing involves risk. The technological limitations of 5G – notably the very small coverage area per antenna – mean that 5G small cell networks will complement, not replace, macro cell tower networks. With 5G on the horizon, Cell Tower REITs have outperformed the broader real estate sector in each of the past four years. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy. Loss of principal is possible. REITs can offer Tax-Free Savings Account and Registered Retirement Savings Plan investors excellent returns. Cell tower REITs continue to benefit from a favorable competitive positioning within the telecommunication sector. Cell Tower REITs will be the “hub” of these 5G networks, augmented by higher-speed small cells. Loss of principal is possible. Cell Tower Sector Overview Cell tower REITs comprise roughly 10% of the REIT ETFs (VNQ and IYR). Index performance cited in this website or commentary does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. Top 3 Cell Tower Companies in the U.S. American Tower, Crown Castle, and SBA Communications are benefiting from data-hungry cell phone users -- and all are expecting more of the same going forward. Fixed wireless broadband – using a cell network for home broadband - will be 5G’s true “killer app” and will fundamentally disrupt the telecommunications space, likely to the benefit of consumers. Hoya Capital Real Estate advises an Exchange Traded Fund listed on the NYSE. Nareit ® is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Cell Tower REITs own and operate wireless communication infrastructure. Throughout the coronavirus pandemic, the high-flying cell tower sector has thrived. How Gold ETFs Are Taxed. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. Data centres and cell phone towers high … Learn More About HOMZ Real Estate Research & Commentary Nothing on this site nor any published commentary by Hoya Capital is intended to be investment, tax, or legal advice or an offer to buy or sell securities. It is not possible to invest directly in an index. Disclosure: A complete list of holdings and Real Estate and Housing Index definitions and holdings are available at HoyaCapital.com. Concentrated ownership and strong demand have translated into substantial pricing power for cell tower operators. American Tower joined the index in Jan. 2012. Hoya Capital never receives compensation from any company discussed/mentioned. U.S. cell tower REITs Timbercreek described U.S. cell tower REITs as one of its top investment opportunities in 2020, driven in part by the “5G wireless revolution.” The report noted that mobile data consumption in the U.S. is expected to grow by more than 30% annually through 2024. 5G technology will fundamentally disrupt the communications sector. Hoya Capital, its affiliate, and/or its clients and/or its employees may hold positions in securities or funds discussed on this website and our published commentary. Investing involves risk. The Sprint/T-Mobile merger saga continues. Data quoted represents past performance, which is no guarantee of future results. HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hoya Capital Housing 100 Index, a rules-based Index designed to track the 100 companies that collectively represent the performance of the US Housing Industry. 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