REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Alex Beath, an analyst on the Product Solutions Team at Toronto-based CEM Benchmarking, visited NAREIT’s Washington, D.C. headquarters for a video interview with REIT.com to discuss CEM’s new study on defined benefit (DB) plan asset allocation and fund performance.
CEM Benchmarking Inc., an independent provider of cost and performance analysis for pension funds, endowments, foundations and sovereign wealth funds, and NAREIT, the National Association of Real Estate Investment Trusts®, announced a new study by CEM on U.S. pension fund performance and investment costs.
As Alexandria Real Estate Equities (NYSE: ARE) marks the 20th anniversary of its founding, the provider of state-of-the-art real estate for the science and technology industries is seeing occupancy, demand and new development all reach record levels.
“It’s an interesting time because we’re seeing the innovation economy doing miraculously well,” said Joel Marcus, founder and CEO of Pasadena, Calif.-based Alexandria.
Sandy Paul, executive vice president with Delta Associates, discussed real estate transaction volume in the latest edition of the NAREIT Podcast.
Transactions are up across all major property types in the United States in the last five years, according to Paul. Deals involving office assets are up nearly 500 percent in 2014 from 2009, while apartment transaction volume has grown more than 400 percent in that same timeframe.
“The market has come back pretty strongly,” Paul said. “What we’ve seen over the past year is that there has been some plateauing of volume.”
In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president for research and industry information, reviewed the September jobs report and what it says about broader economic trends.
Non-farm payrolls rose by 248,000 in September, according to the Bureau of Labor Statistics. “That’s a solid number just by itself,” Schnure said, adding that prior months were also revised upward. “The weakness in late summer was not quite as pronounced as we thought before.”
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, offered an analysis of REIT market developments in September.
The total return on the FTSE NAREIT All REITs Index decreased 5.6 percent, but Case stressed that September was “a difficult month for all investors…there was no place to hide last month in investing.”
REITs lost ground in September against the backdrop of a weakened broader market. The total return on the FTSE NAREIT All REITs Index dropped 5.6 percent for the month, the S&P 500 Index fell 1.4 percent.
As of the end of September, however, the FTSE NAREIT All REITs Index had gained 13.1 percent for the year, compared with an 8.3 percent gain for the S&P 500.
After spending the last five years shedding retail, industrial, residential and land assets, Cousins Properties Inc. (NYSE: CUZ) is focusing today on creating value within a portfolio of trophy office assets in the Sun Belt.
Since Cousins President and CEO Lawrence Gellerstedt III took over in 2009, the Atlanta-based firm has shifted the bulk of its portfolio from Atlanta to Texas.
FTSE and NAREIT are inviting all market participants and interested parties to participate in a consultation regarding proposed changes to the FTSE NAREIT U.S. Real Estate Index Series. Both parties strive to achieve the highest possible standards of index design, representation and calculation.
