Data centers look to reduce their environmental footprint.
Kimco CEO Says REIT’s Leadership Transition Going Smoothly
David Henry, vice chairman and CEO of Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Henry is stepping down at the end of the year and turning over the CEO position to Conor Flynn. Henry said ensuring that the transition is “easy for the market” has been one of Kimco’s chief goals.
Essex CEO: Apartment Market Momentum Still Going Strong
Michael Schall, president and CEO of Essex Property Trust, Inc. (NYSE: ESS), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
According to Schall, the momentum that the apartment industry enjoyed in 2014 carried over into the first half of 2015. In the first quarter, Essex had same property net income growth of 10 percent from the year-earlier period, which Schall credited to the job market on the West Coast.
REITs Generating Better Returns from Going Green
In the latest episode of the NAREIT Podcast, Alok Singh, director for energy solutions with RealFoundations, discussed the results of research into real estate companies’ sustainability platforms.
STORE Capital CEO Says Going Public Provides Efficient Cost of Capital
In the latest episode of the NAREIT Podcast, Christopher Volk, president and CEO of STORE Capital (NYSE: STOR), discussed the REIT’s IPO in late 2014 and the transactions market in the net lease sector.
Ventas’ Cafaro Foresees More Health Care Real Estate Going Public
Debra Cafaro, chairman and CEO of health care REIT Ventas, Inc. (NYSE: VTR), joined REIT.com at NAREIT headquarters in Washington for a CEO Spotlight video interview.
The health care sector has witnessed a flurry of deal-making activity. Cafaro described the pace of growth in the sector as “quite heated.”
High-End Malls Going Strong, Analyst Says
D.J. Busch, analyst with Green Street Advisors, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Busch, who covers the mall sector, disputed the suggestion that the era of enclosed malls is over. He did acknowledge that a limited number of newly built traditional malls are coming online. However, he also noted that mall market fundamentals remain strong.
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