Forest City’s Urban Mixed-Use Focus Offers Interaction Opportunities with Cities

Jill Ziegler, director of sustainability and corporate responsibility at Forest City Realty Trust, Inc., (NYSE: FCEA and FCEB), joined REIT.com for a video interview at NAREIT’s 2017 Leader in the Light Working Forum at the Hilton Austin in Austin, Texas.

Ziegler commented on the additional challenges involved when attempting to implement sustainability initiatives across multiple property types.

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Shopping Center REIT PREIT Says Investor Communication a “Huge Focus”

Joseph Coradino, CEO of Pennsylvania Real Estate Investment Trust (NYSE: PEI), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

PREIT owns and operates approximately 26 million square feet of retail space in the eastern half of the United States, with a concentration in the Mid-Atlantic region’s top metropolitan statistical areas.

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Washington REIT Narrows Focus in Nation’s Capital

Being one of the nation’s oldest REITs hasn’t stopped Washington REIT (NYSE: WRE) from moving quickly on an extensive transformation of its portfolio. In less than three years, it has metamorphosed from a predominantly suburban office REIT to an urban-infill focused player with significantly greater parity between office, multifamily and retail properties.

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Kimco CEO Says Focus is on Capital Recycling

David Henry, CEO of Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Kimco has gone through a high volume of property acquisitions and dispositions in 2014.

“Like most of the industry post-recession, we have been all about recycling,” Henry said. “We’re trying to sell the bottom parts of our portfolio and add high-quality properties.”

David Henry

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Morrison Foerster Lawyer Sees REITs Narrowing Focus

John Good, partner and co-head of the REIT group at law firm Morrison Foerster, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Good was asked to comment on the movement among a number of REITs to spin off portfolios of assets into separate companies. This occurred most recently when Vornado Realty Trust (NYSE: VNO) announced that it would spin off 81 strip shopping center assets and four malls from its portfolio into a new REIT.

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