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At REITWorld 2016: NAREIT’s Annual Convention for All Things REIT on Nov. 15, NAREIT honored Steve Buller, portfolio manager at Fidelity Investments, and David Henry, retired vice chairman, president and CEO of Kimco Realty Corp. (NYSE: KIM), for their contributions to the REIT industry.
Participants on a panel at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT, agreed that volatility is likely to persist in the REIT industry as markets digest the impact of the recent general election.
Timothy Naughton, 2017 NAREIT Chair and chairman and CEO of AvalonBay Communities, Inc. (NYSE: AVB), moderated the Nov. 15 roundtable.
Retail REIT Regency Centers Corp. (NYSE:REG) said Nov. 14 it will acquire Equity One, Inc. (NYSE:EQY) in an all-stock deal that values Equity One at approximately $ 4.6 billion.
The merger of the two shopping center REITs will create a national portfolio of 429 properties spread with more than 57 million square feet of space, the companies said.
