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.
Wachtell, Lipton, Rosen & Katz Partner Adam Emmerich said following a difficult 2020, the intensity and diversity of transactions was surprising.
Customer centricity is core to how Prologis operates.
W.P. Carey Inc. strives to be an industry leader in environmental sustainability by taking a proactive and collaborative approach to quantifying and reducing its portfolio’s global carbon footprint.
Iron Mountain recognizes the importance of pursuit of decarbonization strategies.
DEI programs and activities, designed to empower employees to bring their “whole self” to work, helped AvalonBay provide ongoing support to its associates.
Kimco implements a comprehensive and future-focused climate resiliency strategy that allows it to approach natural disasters proactively and anticipate the needs of its employees, tenants, and communities.
Boston Properties aspires to continuously evolve and advance its sustainability practices.
Sherry Rexroad says companies may adopt more sustainable practices to improve valuation.
The educational programming featured several REIT sustainability leaders discussing decarbonization and climate risk adaptation.
Nareit’s REITwise: 2022 Law, Accounting & Finance Conference will be held March 23-25 in Orlando, Florida.
CEO Jeff Witherell said the REIT converted some gross leases to triple net leases and that its leasing spreads are up as well.
Howard Hughes Holdings Inc. (HHH) prioritizes the designation of open green spaces, which account for more than 20% of the area in its developed portfolio of large-scale, mixed-use master planned communities.
Paramount Group, Inc. is embedding ESG into company resiliency plans by employing five and 10-year capital planning cycles.
Jeremy Banoff said move comes amid a slowdown in growth and tighter expense control.
Keven Lindemann says ESG and technology advances will be key trends to watch next year.