Farmland CEO Sees No Constraints to REIT’s Growth

Paul Pittman, executive chairman, president and CEO of Farmland Partners Inc. (NYSE: FPI), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Farmland Properties, which invests in primary row crop farmland throughout North America, became a stock exchange-listed REIT in 2014. At the time of its initial public offering, its portfolio contained 7,300 acres. That has grown to more than 70,000 acres today.

Paul Pittman

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Luxury, Group Business Boosting Strategic Hotels

Rip Gellein, chairman and CEO of Strategic Hotels & Resorts, Inc. (NYSE: BEE), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

In May, the company closed on the acquisition of the Four Seasons Austin hotel for $ 197 million. The hotel is located in the midst of the city’s central business district. Gellein commented on the qualities that attract Strategic Hotels to the Austin market.

Rip Gellein

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Duke Realty Sees Solid Fundamentals in Industrial, Medical Office Portfolios

Denny Oklak, chairman and CEO of Duke Realty Corp. (NYSE: DRE), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

With bulk distribution facilities now making up more than 70 percent of Duke’s portfolio, Oklak provided an overview of industrial market fundamentals.

“The industrial business is really very good at this time,” he said. Oklak noted that Duke’s in-service occupancy rates within its bulk industrial portfolios are at almost 97 percent.

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Professor Forecasting Strong Fundamentals for REITs

Glenn Mueller, a University of Denver professor and real estate investment strategist at Dividend Capital Group, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Mueller said that based on occupancy and rent data, the real estate cycle appears to have moved through the recovery phase and is now in a strong growth phase in a majority of markets throughout the country.

Mueller indicated that the top of the cycle may have been reached in the apartment sector, whereas other property types have not yet reached that point.

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REITs With Higher GRESB Scores Outperform Peers, Study Finds

A new report concludes that committing to sustainability pays off for REITs.

REITs with higher Global Real Estate Sustainability Benchmark (GRESB) scores outperform their peers in terms of returns, according to a study from the University of Cambridge. The study also showed that when adjusted for risk, there is a significant link between REITs’ portfolio sustainability indicators and their performances in the stock market.

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