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.
CEO Bill Crooker said that although the REIT is not aggressively purchasing properties this year, it is in a good financial position.
Physicians Realty’s Leann Mester says projects are driven by the interests of the team.
CEO Justin Knight says about half of portfolio has no new supply within a five mile radius.
WashREIT’s Taryn Fielder also stresses need to be proactive on cybersecurity matters.
CEO David Sedgwick says the REIT is positioned to recover from the pandemic despite a tight labor market.
Khalid Husain of Cohen & Steers says investors want to understand how companies are using scenario analysis and decarbonization pathways as part of their overall ESG strategy.
InvenTrust’s Christy David says that a high-functioning legal team helps facilitate a business more broadly.
President Chris Bilotto says the REIT’s goal is to sell older assets and reinvest in growing markets.
Deloitte’s Jeff Smith says REITs should improve systems and operations to free up employees’ time as they look for more purpose in their work.
CFO Anthony Saladino says core fundamentals at strongest level in more than a decade.
Senior Manager Anita Battle said Equinix has created a progressive culture that employees lean into.
Susan Givens describes move-in numbers as “encouraging.”
CEO Sam Landy also sees increased demand for UMH properties as a result of higher interest rates.