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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BlackRock CIO Highlights Global Real Estate Diversification Benefits

Sherry Rexroad, chief investment officer at BlackRock Global Real Estate Securities Group, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Rexroad emphasized that one of the primary benefits of investing in global real estate securities is the diversification gained from exposure to different economies with varied monetary policies. She cautioned against investing in a single country because of the outsized influence that monetary policy is exerting at this time.

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