Data Center REIT Equinix Looks for More Benefits from Cloud Computing

Charles Meyers, chief operating officer of Equinix, Inc. (Nasdaq: EQIX), joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Meyers commented on the outlook for cloud computing.

“The cloud phenomenon is a significant and durable source of incremental demand for the data center sector broadly – and Equinix specifically,” he said.

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Apple Hospitality REIT Reaping Benefits from Acquisition

Justin Knight, president and CEO of Apple Hospitality REIT (NYSE: APLE), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

In September, Apple Hospitality completed the acquisition of the public non-listed REIT Apple REIT Ten, Inc. Knight said some of the strategic benefits from the deal are starting to accrue to Apple Hospitality.

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COPT CEO Anticipates Benefits from Increased Military Spending

Steve Budorick, president and CEO of Corporate Offices Properties Trust (NYSE: OFC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge. Budorick succeeded Roger Waesche, Jr., as CEO of COPT in May.

COPT primarily focuses on U.S. government tenants in the defense and information technology sectors.

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Self-Storage Consolidation Driven by Scale Benefits, CEO Says

Arlen Nordhagen, chairman, president and CEO of National Storage Affiliates (NYSE: NSA), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

National Storage currently owns 318 self-storage facilities located in 18 states.

Nordhagen said the company’s decision to increase its quarterly dividend by 10 percent reflected strong growth in funds from operation (FFO) per share.

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Study Highlights Sustainability Benefits of Brick-and-Mortar Shopping

Brick-and-mortar shopping represents a better sustainability performance compared to online shopping, according to a new white paper released by Simon Property Group (NYSE: SPG).

The study, conducted by Simon in conjunction with Deloitte Consulting, created a “cradle-to-grave” Lifecycle Analysis (LCA) that examines the environmental impact of all material, energy and fuels attributable to a product in its lifecycle.

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Study Highlights Sustainability Benefits of Brick-and-Mortar Shopping

Brick-and-mortar shopping represents a better sustainability performance compared to online shopping, according to a new white paper released by Simon Property Group (NYSE: SPG).

The study, conducted by Simon in conjunction with Deloitte Consulting, created a “cradle-to-grave” Lifecycle Analysis (LCA) that examines the environmental impact of all material, energy and fuels attributable to a product in its lifecycle.

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Extra Space CEO Highlights Benefits of Acquisition

Spencer Kirk, CEO of Extra Space Storage, Inc. (NYSE: EXR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

In October, Extra Space completed a $ 1.3 billion acquisition of SmartStop Self Storage, Inc., a public non-listed REIT. Extra Space acquired 122 stores and assumed the property management of 43 stores previously managed by SmartStop.

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Lodging REIT Seeing Benefits from Renovations

John Murray, president and COO of Hospitality Properties Trust (NYSE: HPT), joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Hospitality Properties Trust invests in hotels and travel centers in the United States, Puerto Rico and Canada. The company and three of its sister REITs recently announced they would acquire approximately half of their external manager, RMR LLC.

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Rayonier CEO Says REIT Benefits From Diversification of Timber Markets

David Nunes, president and CEO of Rayonier Inc. (NYSE: RYN), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

In 2014 Rayonier spun off its Performance Fibers manufacturing business in order to focus on its forest products and timber operations.

Nunes described the split as a “natural progression” for the company. The REIT emerged as a “more pure timber play,” Nunes said, owning 2.7 million acres in the United States and New Zealand.

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