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 Joe Margolis said the scale of the REIT’s portfolio also results in extensive data that guides company decisions.
PwC’s Tim Bodner says deal activity in public REIT segment likely to be episodic.
Kite Realty Group Trust CEO John Kite says customers were drawn to open-air shopping centers during the pandemic, and that the REIT was able to operate its assets more efficiently as a result.
CEO Bill Lenehan says the REIT purchased 122 buildings for approximately $250 million in 2021.
CEO Michael Gamzon says individual transactions have significant impact on REIT’s growth.
REITs are making great strides in ESG by working to enhance ESG data and disclosure.
In this mid-year review and outlook, Nareit’s research team reviews the macroeconomic environment, REIT returns and operational performance at the halfway point of the year.
Over the past two decades, the structure of the economy has changed dramatically, and we see this most clearly in how work, shopping, and leisure are increasingly connected to the digital economy.
Heading into a period of slower growth, high inflation, and significantly higher interest rates, we see REITs as well positioned for strong relative performance and stability.
Owen Thomas says REIT anticipates FFO per share growth above 13% this year.
CEO Paul McDowell says people are leaving gateway cities in search of a better climate and cost of living.
At year-end 2021, 89 REITs representing 91% of market cap in the FTSE Nareit All Equity REITs Index were rated debt issuers.
BSR Real Estate Investment Trust CEO Dan Oberste said that, in fact, the pandemic accelerated the REIT’s shift toward multifamily properties.
CFO Liz Perkins says leisure and travel trends have been strong this year.