REIT – Page 2114 – Real Estate Investment Trusts

August 5, 2014

Quick Study: Broad Economy Dominates REIT Market Sentiment

In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, offered an analysis of how the REIT market performed in July after a strong showing in the first half.

The total return on the FTSE NAREIT All REITs Index dipped 0.2 percent in July, although the decline was smaller than the 1.4 percent fall in the S&P 500 Index. For the year through July 31, the FTSE NAREIT All REITs Index had a total return of 15.9 percent, compared with a 5.7 percent gain by the S&P 500.

News

August 5, 2014

REITs Retreat Modestly in July, But Still Outperform Broader Market

REITs retreated modestly in July, but still outperformed the broader market as wider macroeconomic concerns set the trend for the month, according to analysts.

The total return on the FTSE NAREIT All REITs Index dipped 0.2 percent in July, although the decline was smaller than the 1.4 percent fall in the S&P 500 Index during the same period.

News

August 4, 2014

CDT Passes Billion-Dollar Milestone in Affordable Housing Investment

Private REIT Community Development Trust (CDT) recently passed the $ 1 billion milestone in investment in affordable housing and is ready to invest more “in just about any market in the country,” according to Joseph Reilly, the company’s president and CEO.

Founded in 1998, New York City-based CDT invests in affordable housing projects. It also originates and purchases long-term mortgages tied to affordable housing. The company has loans and investments in 41 states.

News

July 31, 2014

NAREIT HR Forum to Address Benefits, Challenges of Developing REIT Talent

While REIT human resource executives understand the importance of providing top-notch leadership development programs to their most promising talent, convincing senior management of the effectiveness of such programs can be challenging, according to Rebecca Teasdale, a partner at The Trispective Group.

News

July 30, 2014

French REIT Klepierre Reaches Agreement to Buy Dutch Firm Corio

French shopping center REIT Klepierre S.A. (Euronext Paris: LI) announced July 29 that it plans to purchase Dutch retail property company Corio NV (Euronext Amsterdam: CORA) in a transaction valued at $ 9.7 billion.

The combined property portfolio of the two companies would encompass 182 shopping centers across 16 European nations with a pro-forma gross asset value of more than $ 28 billion. The companies generated a combined net rental income of more than $ 1.6 billion in 2013.

News

July 28, 2014