Michael Chang, director of energy and sustainability at Host Hotels & Resorts, Inc. (NYSE: LRY), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
REIT Executives Lay Out Roadmap for Sustainability in Near Term
REIT.com was on hand at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va., to talk with attendees about the future of sustainability in real estate.
“I think we’ve moved from sustainability being the right thing to do to being more critical,” said Daniele Horton, head of sustainability at Parkway Properties, Inc. (NYSE: PKY).
Liberty Property Executive Highlights Benefits of Green Leases for REITs
Marla Thalheimer, director of sustainability at Liberty Property Trust (NYSE: LRY), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Senior Housing Market Expected to Remain Lively for REITs in 2015
Health care REITs will continue to actively pursue senior housing assets in 2015, spurred on by low interest rates, attractive financing, solid returns and robust demand, according to market observers.
HCP Executive says REIT Expects More Solar Energy Projects in 2015
Tom Klaritch, executive vice president of medical office properties at HCP, Inc. (NYSE: HCP), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
HCP is a fully integrated REIT serving the health care industry. It was the first health care REIT selected to the S&P 500 Index. Klaritch outlined a number of sustainability initiatives now underway at HCP.
Hersha Executive Says Sustainability Program Integrated Throughout REIT
Bennett Thomas, vice president of finance and sustainability at Hersha Hospitality Trust (NYSE: HT), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Hersha is a lodging REIT that owns and operates upscale hotels in urban gateway markets.
Thomas provided an overview of Hersha’s Earthview sustainability platform, which the company initiated in 2010. He noted that the platform has both a strategic and entrepreneurial aspect.
REIT Investors Benefit from Sustainability Reporting Convergence, Forest City Executive Says
Jill Ziegler, director of sustainability and corporate responsibility with Forest City Enterprises, Inc. (NYSE: FCE.A), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Ziegler said Forest City learned “a lot” in putting out its first sustainability report to the public a year ago.
“We’ve received a really good response from all of our stakeholders, including our internal associates as well as external stakeholders like investors,” she said.
Federal Realty Executive Says Shareholders Interested in Authenticity of REIT Sustainability Programs
Chris Brown, sustainability manager at Federal Realty Investment Trust (NYSE: FRT), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Federal Realty owns, operates and redevelops retail real estate around the country. Brown discussed some of the particular challenges faced by a shopping center REIT in the area of sustainability.
Banker Sees REIT Green Bonds as “Natural Byproduct” of Sustainability Commitment
Shawn Cepeda, managing director of debt capital markets at Bank of America Merrill Lynch, joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
According to Cepeda, sustainability for most companies is comprised of environmental responsibility, social responsibility and corporate governance. When Bank of America Merrill Lynch makes a decision about financing sustainability, “we’re really focused on the environmental element of the sustainability umbrella,” according to Cepeda.
Quick Study: REIT Market Starts Year Off Right
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, highlighted a “very strong month for REIT investors” to start 2015.
The FTSE NAREIT All REITs Index climbed 5.6 percent in the first month of the year, while the S&P 500 fell 3 percent during the same period. Case noted those returns were in line with longer-term trends.