REITs in the Community: Rouzer Visits Simon

02/01/2018

Oct. 17, 2017 - Rep. David Rouzer (R-NC), left, visited Simon Property Group's (NYSE: SPG) Carolina Premium Outlets in Smithfield, NC and was hosted by General Manager Julie Gasper, center, and Director of Marketing and Business Development Karen Henthorn, right. Rep Rouzer serves on the House Agriculture Committee and the House Transportation & Infrastructure Committee. He was briefed on the Center's recent activities and additional Simon assets in North Carolina and across the country, as well as several legislative issues pending before Congress, including the Marketplace Fairness Act and tax reform.

(Contact: Robert Dibblee at rdibblee@nareit.com)

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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.