Deloitte Partner Says REITs Performing Well on Historical Basis

Jim Berry, U.S. real estate and construction leader at Deloitte & Touche LLP, participated in a video interview at Nareit’s REITwise: 2018 Law, Accounting & Finance Conference in Hollywood, Florida.

Given recent market volatility, Berry stressed that it’s important to take a historical perspective on REITs and real estate. While REITs may have underperformed compared to the broader market, on a historical basis REITs have had a “pretty good performance.”

“Base fundamentals for most real estate (sectors) are still pretty strong,” Berry said.