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As environmental, social and governance (ESG) issues become increasingly important for real estate investors, companies that fall short in these areas are likely to be left behind, according to a panel of sustainability professionals at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT.
Nils Kok, CEO of the Global Real Estate Sustainability Benchmark (GRESB), moderated the panel.
Michael Barnello, president and CEO of LaSalle Hotel Properties (NYSE: LHO), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
LaSalle focuses on upscale, full-service hotels, in 14 markets across 10 states and the District of Columbia. Barnello gave an overview of fundamentals in the upscale sector of the hotel market.
Michael Barnello, president and CEO of LaSalle Hotel Properties (NYSE: LHO), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
LaSalle focuses on upscale, full-service hotels, in 14 markets across 10 states and the District of Columbia. Barnello gave an overview of fundamentals in the upscale sector of the hotel market.
Bill Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
In August, American Campus celebrated its 100th student housing development with the construction of U Club Sunnyside, an off-campus community serving students attending West Virginia University (WVU). Bayless said the event had special significance for him because he graduated from WVU.
Mark Alfieri, president, CEO and COO of Monogram Residential Trust (NYSE: MORE), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
NAREIT announced the 10 winners of its annual Leader in the Light Awards, which honor NAREIT member companies that have demonstrated superior, portfolio-wide sustainability practices.
The awards were presented on Nov. 18 in Las Vegas at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT to U.S. Equity REITs in seven property sectors: retail, residential, office, industrial, lodging/resorts, health care and diversified. Two winners were selected in the lodging/resorts and office sectors. A global award was also presented for non-U.S. companies.
Roger Waesche, Jr., president and CEO of Corporate Office Properties Trust (NYSE: OFC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
COPT primarily focuses on U.S. government tenants in the defense and information technology sectors. Waesche commented that pricing remains very strong for office product in the firm’s core markets as a result of solid fundamentals and strength in the capital markets.
Gary Wojtaszek, president and CEO of CyrusOne, Inc. (NASDAQ: CONE), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Don Wood, president and CEO of Federal Realty Investment Trust (NYSE: FRT) joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Wood received the NAREIT Industry Leadership Award at REITWorld 2015. The award is presented annually to a REIT executive who has made a significant and lasting contribution to the growth and betterment of the industry.
Wood offered advice for the next generation of REIT leaders.
NAREIT has honored Mary Hogan-Preusse, managing director and co-head of Americas real estate at APG Asset Management US Inc., and Federal Realty Investment Trust (NYSE: FRT) President and CEO Donald Wood for their contributions to the REIT industry. NAREIT presented the awards in Las Vegas on Nov. 17 during REITWorld 2015: NAREIT’s Annual Convention for All Things REIT.