RESC Holds Meeting in Conjunction with Nareit’s ESG JumpStart Workshop

01/31/2020 | by

Last week, the Real Estate Sustainability Council (RESC) held its first meeting of 2020 in Washington, D.C. Nearly 40 REITs were represented by their sustainability leaders. The meeting included an update by Nareit on its latest environmental, social, and governance (ESG) initiatives.

RESC members also discussed the fast evolution of ESG issues as an important part of business rather than an independent initiative; growing investor interest and how REITs can garner attention; evolving disclosure expectations; and how governance falls into ESG efforts. RESC continues to support the REIT industry’s consistent progress in ESG implementation and reporting.

(Contact: Fulya Kocak at fkocak@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.