REIT Returns Higher Across Broad Swath of Industry

REIT Returns Higher Across Broad Swath of Industry

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Brad Case, Nareit senior vice president for research and industry information, was a guest on the latest edition of Nareit’s REIT report podcast.

Case highlighted the turnaround in REIT market performance seen since February. Prior to that, REITs had underperformed the broader stock market – particularly growth stocks – for about a year and a half.

Published at Fri, 13 Jul 2018 16:13:32 +0000

Brixmor Says Investor Questions Focus on Tenant Demand, Valuation Disconnect

Brixmor Says Investor Questions Focus on Tenant Demand, Valuation Disconnect

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Stacy Slater, senior vice president for investor relations at Brixmor Property Group Inc. (NYSE: BRX), joined Nareit for a special edition of Nareit’s REIT Report Podcast recorded in New York during Nareit’s REITweek: 2018 Investor Conference.

Published at Fri, 06 Jul 2018 12:35:08 +0000

REIT Portfolio Managers Watching Capital Formation, M&A Activity and Risk-Taking

REIT Portfolio Managers Watching Capital Formation, M&A Activity and Risk-Taking

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Laurel Durkay, portfolio manager at Cohen & Steers, and J. Scott Craig, portfolio manager at Eaton Vance, were guests on a special edition of Nareit’s REIT Report Podcast recorded in New York during Nareit’s REITweek: 2018 Investor Conference.

Durkay and Craig discussed several key topics, including the messages from REIT management teams that they are paying most attention to.

Published at Thu, 14 Jun 2018 19:36:07 +0000

REIT Valuation Levels Likely to Result in More Go-Private Transactions

REIT Valuation Levels Likely to Result in More Go-Private Transactions

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Hans Nordby, managing director of CoStar Portfolio Strategy, was a guest on the latest edition of Nareit’s REIT Report podcast.

Nordby discussed some of the main factors influencing REIT valuations and what the sharp disconnect between public and private market real estate values could mean going forward.

Published at Wed, 23 May 2018 18:10:17 +0000

Prologis/DCT Deal Underscores Continued Demand in Industrial REIT Sector, Analyst Says

Prologis/DCT Deal Underscores Continued Demand in Industrial REIT Sector, Analyst Says

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Lindsay Dutch, REIT equity analyst at Bloomberg Intelligence, was a guest on Nareit’s REIT Report podcast. She spoke about the proposed acquisition of DCT Industrial Trust Inc. (NYSE: DCT) by Prologis, Inc. (NYSE: PLD) and its impact on the industrial REIT sector.

Published at Wed, 09 May 2018 12:56:37 +0000

Gramercy Property Trust Agrees to $7.6 Billion Sale to Blackstone

Gramercy Property Trust Agrees to $7.6 Billion Sale to Blackstone

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Gramercy Property Trust (NYSE: GPT) said May 7 that it has agreed to be acquired by affiliates of Blackstone Real Estate Partners VIII for $27.50 per share in an all-cash transaction valued at $7.6 billion.

The offer represents a 15 percent premium above Gramercy’s closing share price of $23.82 on May 4. Completion of the transaction is currently expected to occur in the second half of 2018.

Published at Mon, 07 May 2018 17:06:14 +0000

REIT Underlying Fundamentals Point to Upside Potential in 2018

REIT Underlying Fundamentals Point to Upside Potential in 2018

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Calvin Schnure, Nareit senior vice president for research and economic analysis, was a guest on the latest edition of Nareit’s REIT Report podcast. Calvin highlighted some of the main issues raised in the Urban Land Institute’s (ULI) spring real estate economic forecast, which he contributed to.

The ULI consensus expects the overall economy to continue expanding over the next few years, with the outlook for commercial real estate favorable as well.

Published at Wed, 25 Apr 2018 20:19:29 +0000

NIC Chief Economist Says Senior Housing Remains a Compelling Story for Investors

NIC Chief Economist Says Senior Housing Remains a Compelling Story for Investors

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Beth Mace, chief economist and director of outreach at the National Investment Center for Seniors Housing & Care (NIC), was a guest on the latest edition of Nareit’s REIT Report podcast.

While the senior housing sector faces some near-term challenges, including a decline in occupancy in broad aggregate terms and labor force wage pressure, Mace said the sector remains a compelling story for investors.

Published at Tue, 17 Apr 2018 17:31:47 +0000