NAREIT Announces 2014 Investor CARE Award Winners

The winners of NAREIT’s 2014 Investor CARE Awards were announced on June 4 in New York at REITWeek 2014: NAREIT’s Investor Forum. This is the 14th year that NAREIT has handed out the annual awards, which honor excellence in communications and reporting to shareholders.

In the large cap equity REIT category, the gold award went to Camden Property Trust (NYSE:CPT).  Boston Properties (NYSE: BXP) received the silver award, while the bronze award went to Health Care REIT, Inc. (NYSE: HCN).

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Gray Says Blackstone Bullish on Asia and South America

Jonathan Gray

On the opening day of REITWeek 2014, Jonathan Gray, global head of real estate at private-equity firm Blackstone, sat down with Public Storage (NYSE: PSA) chairman and CEO Ronald Havner, Jr. for a wide-ranging discussion of commercial real estate topics. Gray’s remarks covered prospects for different geographic markets and property segments, as well as the overall investment landscape.

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NAREIT Rings Closing Bell at NYSE

Leading up to REITWeek 2014: NAREIT’s Investor Forum, NAREIT was on hand June 2 at the New York Stock Exchange to ring the closing bell. The NYSE recognized 18 REITs celebrating the 20th anniversaries of listing on the exchange. At the end of 1994, the year these companies listed on the NYSE, the equity market capitalization of the FTSE NAREIT All REITs Index was $ 44 billion. Today the index has an equity market capitalization approaching $ 800 billion.

NYSE Bell Ringing

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REITs Gain 2.8 Percent in May, Ahead of Broader Market

REITs had another solid performance in May as the FTSE NAREIT All REITs Index posted a total return of 2.8 percent, ahead of the 2.4 percent return for the S&P 500 Index.

Year-to-date, the FTSE NAREIT All REITs Index has advanced 14.8 percent, while the S&P 500 Index is 5.0 percent higher.

“It’s another positive month, continuing the upward trend of the year,” noted Jeff Langbaum, REIT analyst for Bloomberg Industries.

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