REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Gary Wojtaszek, president and CEO of CyrusOne (NASDAQ: CONE), 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.
Wojtaszek commented on the “digital tsunami” of demand that CyrusOne anticipates in coming years. He noted that a 500 percent increase in the number of connected devices is expected in the next five years alone.
Arlen Nordhagen, president and CEO of National Storage Affiliates (NYSE: NSA), 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.
National Storage Affiliates recently closed on the $ 650 million joint venture acquisition of iStorage. Nordhagen said the company has about another 30 assets under contract, or recently closed, bringing the year-end acquisitions total to about $ 1.3 billion.
Randy Churchey, CEO of EdR (NYSE: EDR), joined REIT.com for a CEO Spotlight video interview at NAREIT’s 2016 Washington Leadership Forum at the St. Regis Hotel in Washington, D.C.
Last month the student housing REIT completed a secondary equity offering that netted more than $ 200 million for EdR. Churchey said the offering was well-received and reflected the company’s many accomplishments of the last few years.
Faced with high prices for top-quality properties in primary markets, commercial real estate executives are looking to mid-tier assets and secondary markets to generate higher yields, according to a survey conducted by KPMG LLP.