REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
The commercial real estate industry should see at least three more years of sustainable growth, based on a combination of sound economic and property market fundamentals, according to a survey of industry economists.
Ron Bohlert, manager of global listings at the New York Stock Exchange (NYSE), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Bohlert noted that initial public offering (IPO) activity during 2014 was “incredibly successful for the NYSE.” There were a total of 117 IPOs, which raised a total amount of $ 65 billion. While the Alibaba Group IPO contributed a sizeable portion of that total, “in terms of the number of deals and capital raised, it was still very successful on all fronts,” he said.
Sonia Barros, assistant director of the Division of Corporation Finance at the Securities and Exchange Commission (SEC), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Barros discussed how REITs are performing overall in terms of their SEC reporting. She noted that REITs differ from other industries with respect to their practice of providing information about property operating data in their supplemental packages.
Mike Stauffer, vice president of taxes at Kilroy Realty Corp. (NYSE: KRC), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Stauffer commented that the biggest change Kilroy has had to deal with in recent years concerns tangible property regulations issued by the Internal Revenue Service (IRS).
Record box-office revenues, long waits at golf entertainment venues and growth in charter schools all point to higher earnings at EPR Properties (NYSE: EPR) this year, according to new president and CEO Greg Silvers.
Silvers succeeds David Brain, who co-founded the company and served as its president and CEO from 1999 until earlier this year. For his part, Silvers has held several positions since joining EPR in 1998, most recently as executive vice president and COO.
Heidi Roth, EVP, CAO and controller at Kilroy Realty Corp. (NYSE: KRC), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Roth noted that during the past year it has become increasingly evident that the cybersecurity threat “knows no boundaries,” as companies both large and small have come under attack.
Joe Downey, EVP and global client advocate at Willis, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Willis is a leading global risk advisor, insurance and reinsurance broker.
Downey observed that the property insurance market is a particularly low-priced environment at this time.
John Divers, the chief operating officer and chief financial officer at The Community Development Trust, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
REIT returns climbed in March and outpaced the broader market as investors remained encouraged by the outlook for fundamentals in the sector, according to analysts.
The FTSE NAREIT All REITs Index had a total return of 1.2 percent in March, while the S&P 500 Index slipped 1.6 percent. The 10-year Treasury note dropped 0.1 percent in the month.
For the year, the FTSE NAREIT All REITs Index is up 4.1 percent, whereas the S&P 500 is up 1.0 percent.
Sam Melehani, partner at PwC, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Melehani commented on two recent developments at the state level regarding the taxation of REITs. First, he noted that proposed legislation in Hawaii to abolish the dividends paid deduction for REITs has been deferred, pending further study. “Hopefully they’ll decide that there’s a lot more benefit to the REIT than that they get a dividends paid deduction,” he said.
