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.
Gil Menna says non-disclosure and confidentiality agreements now being signed.
CEO Richard Stockton also says Four Seasons Arizona acquisition diversifies portfolio.
CEO Jeff Edison says high cost of capital is impacting acquisitions.
Heidi Learner of Altus says data points are now being used to look at what’s ahead, rather than just a moment in time.
Capital One Securities’ Chris Lucas says transactions should be more focused on public to private, with more cash buyouts this year.
Realty Income’s Chris Laz says the goal over time is to replace estimations with actual data.
CEO Conor Flynn said the REIT makes sure that stakeholders understand what it’s doing as a company.
Steve Budorick says COPT will develop up to 1 million square feet in 2021.
CEO Paul McDowell says people are leaving gateway cities in search of a better climate and cost of living.
Anna Pinedo also says SEC climate disclosure rules will create increased workload.
The RMR Group’s John Forester said the company examines its emissions, green leases, and flood data on a quarterly basis as well.
Moishe Gubin said the company does not “push for deals that don’t make sense for us.”
NAREIT’s Brad Case says conditions continue to improve for U.S. real estate investors.
Owen Thomas says REIT anticipates FFO per share growth above 13% this year.