Forest City Enterprises CEO Positive on Office, Multifamily, Retail Fundamentals

David LaRue, president and CEO of Forest City Enterprises, Inc. (NYSE: FCE.A), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Forest City owns, operates and develops properties in the office,  multifamily,  and retail sectors. LaRue analyzed some of the major trends in each of the company’s sectors.

“We’re very positive on the office piece of our portfolio,” LaRue said.

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New York REIT President Reflects on Strong Market Response to Public Listing

Michael Happel, president of New York REIT, Inc. (NYSE: NYRT), joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

New York REIT started as a public, non-listed REIT (PNLR) before listing on the NYSE in April. Happel was asked about market reaction to the listing.

“The market response has been fantastic,” he said. He explained that the listing had two main purposes – to provide liquidity to existing shareholders as well as to provide the company with long-term access to public market debt and equity.

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EPRA Chief Says Spanish REITs Performing Well Since Introduction

Philip Charls, chief executive of the European Public Real Estate Association (EPRA), joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Charls gave a broad overview of developments in the European property market, starting with the arrival of REITs in the Spanish market about a year ago. Spanish REITs have performed “very well,” according to Charls. He noted that hedge fund managers Paul Soros and John Paulson were among the first investors in Spanish REITs: “You can’t imagine a better place to start it off.”

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