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.
Nareit’s first ESG Exchange Webinar of 2023 will showcase the recently announced Leader in the Light Award winners addressing the top ESG topics relevant to their company’s vision, innovation, and strategy.
Extra Space Storage CEO Joe Margolis said that the increase in self-storage during the pandemic has returned to historical demand levels centered around housing transition.
CEO Michael Seton also says competition for health care assets has fallen since March.
JLL’s Jeremy Kelly says retrofitting has to become “the new normal.”
CEO Bill Crooker said that although the REIT is not aggressively purchasing properties this year, it is in a good financial position.
CEO Jonathan Stanner also says Summit likes the strong unit level economics from glamping acquisition.
Leading up to the Thanksgiving holiday, Nareit Hawaii Executive Director Gladys Quinto Marrone had the privilege of awarding much-needed grants to two nonprofits committed to helping the less fortunate and those needing assistance.
CEO Stephen Horn said tenants with large balance sheets position the REIT well in times of uncertainty.
Andrew Spodek says current size of market is between $12 billion to $15 billion.
REITs posted positive results for the second consecutive month in November and outperformed stocks for the first time since April, as the FTSE Nareit All Equity REITs Index rose 6.0% and the FTSE Nareit Equity REITs Index gained 5.8%.
To support survivors of abuse with housing opportunities, Nareit Hawaii donated $10,000 to the Domestic Violence Action Center for its Hale Fund.
Nareit's Dec. 7, 2022 ESG Exchange webinar, Building ESG Skills for Real Estate, will deliver insights into the top ESG skills needed for success in commercial real estate (CRE) roles.
CEO Taylor Pickett said more than 10% of the REIT’s operating relationships are new since the start of the pandemic.
Rob Hays says warmer markets continue to be the clear winners.
CEO Michael Schall said the REIT’s West Coast properties help it to grow core FFO per share over long periods of time.