Nareit Hosts REESA Meeting

11/12/2018 | by

Nareit hosted a Real Estate Equity Securitization Alliance (REESA) meeting on Nov. 9 in San Francisco. CEOs and other representatives of the Asia Pacific Real Estate Association (APREA), the Association of Real Estate Securitization (ARES) from Japan, the European Public Real Estate Association (EPRA), REALPAC from Canada, and Nareit were all present.

This marked the 12th year of semi-annual REESA meetings. The discussions were wide-ranging and lively, and included:

The group’s financial standards initiatives with the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB);
Various ESG issues;
A REESA project to measure the global commercial real estate assets in conjunction with LaSalle Investment Management, represented by Jacques Gordon, global strategist at LaSalle who joined this meeting to discuss LaSalle’s work to date;
A potential REESA-led meeting with global associations representing securitized real estate to discuss the benefits of REIT-based investment; and
Updates from each REESA organization.

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What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies 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.