REITs in the Community: Rep. Tom Price visits Piedmont Realty Trust

09/04/2015

June 30, 2015 -- Rep. Tom Price (R-GA), second from left, recently visited with executives from Piedmont Realty Trust and was updated on the company’s current development projects in Georgia and throughout the country. Rep. Price is chairman of the House Budget Committee and a member of the House Ways and Means Committee. Pictured with Rep. Price are, left to right, CEO Don Miller, CFO Robert Bowers, and EVP Real Estate Operations Bo Reddic. x

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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.