EY Partner Reviews Recent PCAOB Developments

Bob Lehman, partner and global REIT head at accounting and advising firm EY, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Lehman reviewed recent developments at the Public Company Accounting Oversight Board (PCAOB), the private sector body that oversees the auditors of U.S. public companies.

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Phillips Edison–ARC Shopping Center REIT Seeing Rapid Expansion in 2014

D.J. Belock, senior vice president of finance with Phillips Edison & Company, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
 
Belock discussed what type of criteria the company’s public, non-traded REIT, Phillips Edison-ARC Shopping Center REIT, looks for in potential acquisitions, as well as which markets are currently most attractive.
 

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CoStar Economist High on Prospects for Industrial Sector

Hans Nordby, chief economist with CoStar, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Nordby was asked for his thoughts on sectors within the REIT industry that he expects to outperform. Of the “four major food groups” in the REIT market, Nordby singled out the industrial sector as the one that looks most promising in the near term.

Hans Nordby

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REIT Returns Outpace Gains in Broader Market During First Quarter

Returns on equity REITs far outpaced gains seen in the broader market during the first quarter of 2014, and analysts expect solid fundamentals to continue to support the sector.

Total returns for the FTSE NAREIT Equity REITs Index gained just under 10 percent in the first quarter, compared with the 1.8 percent gain seen in the S&P 500 Index in the same period. Gains for the FTSE NAREIT All REITs Index stood at 8.6 percent in the first quarter.

REIT returns softened in March compared with the first two months of the year.

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