REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers and hotels.
The REIT Industry Sustainability Report 2024 includes industry trends, REIT sustainability reporting data and analysis, as well as useful information on the publicly traded U.S. REIT industry’s primary sustainability, social responsibility, and governance practices.
REITs directly employed an estimated 331,000 FTE employees who earned $31.1 billion of labor income in the U.S.
At the end of 2023, U.S. public REITs owned an estimated 580,000 properties—up 1% from the previous year—and 15 million acres of timberland across the U.S.
REITworld 2024, scheduled for Nov. 18-21 in Las Vegas, NV, will bring together REIT management teams, investors, and analysts for topical sessions, one-on-one meetings, and networking.
For 60 years, Nareit has led the U.S. REIT industry by ensuring its members’ best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking.
Avis Devine at York University says gap has been narrowing in recent years.
Ken Betts of Locke Lorde LLP says PNRLs looking to make liquidity events more effective.
Nareit’s Jessica Long says REITs are demonstrating consistency in giving investors the information they need.
The listed REIT industry continues to grow and prosper. Total Funds from Operations (FFO) of listed Equity REITs rose 7.9 percent in the second quarter, to $15.6 billion, according to the NAREIT T-Tracker®.
The University of Texas Investment Management Company said at a recent board meeting that it would be establishing a new allocation to REITs within one of its investment funds.
AvalonBay’s Mark Delisi says the REIT is working to meet city and state emissions goals.
Thomas succeeds UDR CEO Thomas Toomey.
Solid demand, muted supply and rising rents expected to continue, according to CEO Phil Hawkins.
Despite concerns regarding the impact of work-from-home and uncertainty surrounding near-term office usage, office REIT operational performance has been resilient.
CEO Jay Sugarman says the REIT sees an opportunity to invest in a fast-growing business at a discount to asset value.
CEO Will Eglin says REIT has raised rents 24% on a cash basis.
REITs have reduced their reliance on borrowings, which lowered leverage ratios considerably over the past decade.
Veteran CEOs discuss impact of online retail sales.
CEO John Kilroy says the REIT is active in three of the four largest West Coast life science markets.
REITs supported an estimated 3.5 million fulltime equivalent jobs in the U.S. in 2023, producing $278 billion in labor income.