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.
In 2019, 10 Nareit member REITs changed their company names.
Nareit members made a variety of financial announcements this year.
Late on Dec. 20 President Trump signed a major appropriations measure, the Further Consolidated Appropriations Act, 2020, or H.R. 1865, to fund the Federal Government through Fiscal Year 2020.
Nareit’s CEO Forum & Advocacy Day will take place Feb. 25-26, 2020 in Washington, D.C.
Nareit also attended 56 institutional investment conferences during the year.
The updated chart includes withholding rates for individuals, non-individual entities, pension trusts, and tax-exempt charities.
Member REITs can submit their IRS Form 1099-DIV data to Nareit for posting on the Nareit website.
Rep. Scott Peters (D-CA) visited the headquarters of Realty Income Corporation in San Diego.
REIT has pledged $500,000 to Los Angeles’ Union Rescue Mission.
The grant will be used by Kauai Habitat for Humanity to build a self-help four-bedroom, two-bathroom home in Eleele, Kauai, for a low-income family.
REITPAC continued a stretch of successful contribution years in 2019, with executives from 75 Nareit members contributing more than $1.2 million.
Several REIT-related tax bills were introduced in the Hawaii state legislature late last week.