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.
Essex Property Trust CEO discusses transactions market.
CEO Sam Landy said with an annual household income of $40,000, a renter can qualify for a UMH house.
Michael Schall says new lease rates up about 20% year-over-year.
Khalid Husain says operating and capital expenditure considerations are part of the mix.
CEO John Kilroy says REIT positioned to move when market conditions warrant.
CEO Chris Czarnecki said that with only 15 office assets, the REIT can afford a methodical asset management approach emerging from the pandemic.
CEO Aaron Halfacre said that since the REIT went public earlier this year, its challenge remains to be good corporate stewards of investors’ money.
Rob Hays says warmer markets continue to be the clear winners.
CEO Conor Flynn says the REIT provided tenants a broad range of help and information throughout the pandemic.
EY’s Kyle Bolden says REITs can also be proactive against cybercrimes through cybersecurity program assessments and multi-factor authentication.
CEO Sumit Roy said the partnership with Wynn on the Encore Boston Harbor has been a meeting “of the minds.”
BDO’s Amy Rojik says digital assets are one PCAOB project of particular interest to REITs and commercial real estate companies.
CEO Don Wood said the temporary leasing program offered lower risk while introducing new tenants to the company.
Prologis was Nareit’s 2023 Leader in the Light Award winner for industrial REITs.
Anne Olson also is hopeful the REIT can take advantage of potential market dislocation.