I'll assume that your returns are accurate but those appear to be calendar year returns.  I just looked up TRP, for example, and it fell 38% in the spring/summer 1998 bear market.  As it happens that was worse than the drop that TRP appears to have suffered in 2002 or 2008.  So the picture isn't quite as rosy as the calendar year numbers suggest - but not as bad as the REIT Index numbers I quoted either.  Then again what happened in one bear market is unlikely to be precisely repeated in the next.  
TRP Historical quotes:  http://www.transcanada.com/stock-quotes.html