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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DCT Says Industrial Demand Coming From All Sectors

Philip Hawkins, president and CEO of DCT Industrial Trust (NYSE: DCT), 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.

Next month marks the 10-year anniversary of DCT’s initial public offering.

A key part of DCT’s strategy is its network of local personnel who are able to build relationships and “stay in tune with what’s going on,” according to Hawkins.

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Multifamily REIT Monogram Sees Bulk of Growth From Development

Mark Alfieri, president, CEO and COO of Monogram Residential Trust (NYSE: MORE), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Monogram’s portfolio includes investments in 55 multifamily communities in 10 states comprising more than 15,000 apartment homes.

Alfieri stressed the importance of development for the company, noting that it will continue to account for about 70 percent of growth in the long term.

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A Closer Look at Externally Advised REITs from Green Street Advisors

Phil Owens, senior vice president for advisory and consulting at Green Street Advisors, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Owens commented on the newer breeds of externally advised REITs that have emerged recently.

Today, the externally advised REITs impose a single fee and operate with an alignment of interest between the external advisor and the REIT shareholders, he explained.

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