John D’Angelo, managing director and U.S. real estate lead at Deloitte, participated in a video interview during REITwise 2022: Nareit’s Law, Accounting & Finance Conference held in Orlando, Florida on March 23-25.
D’Angelo said that REITs have not been immune to the “great resignation” and that its disruption has caused REITs to consider their hiring practices and what makes REIT jobs attractive.
He also said there is a growing divide among Deloitte’s REIT clients that invest in data and treat it as an enterprise asset.
“The people [who] have really done something about it…they’re really getting value out of the data investments that they’ve made,” he noted.
D’Angelo added that finance, planning, and analysis (FP&A) is “becoming the analytics engine for the whole company,” and that it’s an innovation he’s excited about.