At last year’s end, REITs had only $1.3 billion coming to maturity. Overall, maturing debt issuances during the period from 2006 to 2009 fall in line with the overall four-year average of $18.3 billion, indicating REITs should feel minimal effects from the recent rise in interest rates.

REIT Debt Maturity Schedule

Notes: Information reflects the 99 REITs presenting debt maturity information in third quarter 2005 filings. Total debt maturing after 2009 totals $78.14 billion. Source: SNL Financial