GICS Change a “Watershed Moment” for REITs, says NAREIT Chair

Ed Fritsch, 2016 NAREIT Chair and president and CEO of Highwoods Properties, Inc. (NYSE: HIW), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Half-way through his term as 2016 NAREIT Chair, Fritsch observed that fundamentals across the REIT industry are “healthy.”

“Balance sheets are improved, dividends are fortified (and) interest in investment is strong,” he noted.

News

New NAREIT Chair Says Educating Investors on REIT Investing His Top Priority

NAREIT Chair David Neithercut, the president and CEO of Equity Residential (NYSE: EQR), joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Neithercut’s tenure as NAREIT’s chair began this month. He described the current state of the REIT industry as “terrific,” noting that the absolute market cap of the REIT industry is approaching $ 900 billion and that the total enterprise value of the industry is approaching $ 2 trillion.

David Neithercut

News

NAREIT Announces 2015 Leadership, Neithercut Elected Chair

(L to R) First Vice Chair David B. Henry, Chair David J. Neithercut, Second Vice Chair Edward J. Fritsch and Treasurer Timothy J. Naughton

The National Association of Real Estate Investment Trusts (NAREIT) today announced the election of its 2015 officers, as well as the members of its Executive Board, the organization’s sole governing board.

Elected Chair was David J. Neithercut, President and CEO of Equity Residential. Neithercut takes the place of NAREIT’s 2014 Chair, Ronald L. Havner, Jr., Chairman, CEO and President of Public Storage.

News