Investors “Cannot Ignore” U.K. Real Estate, Charls Says

Philip Charls, CEO of the European Public Real Estate Association (EPRA), joined for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Charls commented on the impact of Brexit on European commercial real estate. He noted that while U.K. total returns, as measured by FTSE EPRA/NAREIT indices, were weaker than the rest of Europe on a year-to-date basis, returns were much more closely aligned over a five-year period.


Investors Looking for Real Estate Deals in U.K. After Brexit

In the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Jahn Brodwin, senior managing director with FTI Consulting, offered his analysis of the Brexit’s effect on property markets in the United Kingdom.

Brodwin said measuring the impact of the Brexit on property values in the U.K. has proven to be difficult as transactions have halted since the vote. Additionally, a number of real estate investment funds have suspended trading, adding to the difficulty.


Multifamily Sector Offers Most Value to Investors Real Estate Trust, CEO Says

Tim Mihalick, president and CEO of Investors Real Estate Trust (NYSE: IRET), joined for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

The company announced earlier this month that it would exit the health care and industrial markets in order to become a pure-play multifamily REIT based in the Midwest.  In 2015, it disposed of its office and retail assets.


Activist Investors “Fact of Life” in Real Estate Now, Cicco Says

Marty Cicco, senior managing director at Evercore, joined for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Evercore is an independent investment banking advisory firm.

Cicco said he expects activist shareholders to continue to play a role in the commercial real estate sector. “It’s a fact of life in the public markets going forward,” he said.

Cicco also discussed the slowdown in the issuance of REIT preferred shares.