Nareit will partner with the National Council on Teacher Retirement (NCTR) on an April 29 webinar titled “Impact of COVID-19 on Commercial Real Estate and REITs.” NCTR’s membership includes 63 state, territorial, and local pension systems that serve more than 19 million active and retired teachers and other public employees. These 63 systems have combined pension and retirement assets exceeding $2 trillion under management.
During the webinar, John Worth, Nareit executive vice president of research and investor outreach, will discuss how REITs are positioned to weather the impact of COVID-19; highlighting the sector’s strong balance sheets, access to liquidity sources, and broad industry diversification as key elements in weathering the current crisis.
There will also be a review of initiatives that REITs are taking to help support their communities and tenants in the current environment. Meredith Despins, Nareit senior vice president of investment affairs and investor education, will speak about the resources Nareit is able to deliver by highlighting Nareit’s microsite, PensionsAndRealEstate.com; and how Nareit delivers information, research, and analysis to public pension board trustees to support their knowledge of how investing in 21st century commercial real estate, including REITs, can help manage risk and build portfolio value.
Nareit is currently serving its second term as a member of NCTR’s corporate advisory committee.
(Contact: Meredith Despins at mdespins@nareit.com)