REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
In the latest episode of the NAREIT Podcast, Todd Briddell, CEO and chief investment officer of CenterSquare Investment Management, discussed appropriate allocations to real estate in investment plans and how the upcoming election is affecting the REIT market.
Stuart Tanz, president and CEO of Retail Opportunity Investments Corp. (NASDAQ: ROIC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
ROIC booked $ 310 million in acquisitions of grocery-based shopping centers during the first nine months of 2015. Tanz noted that the pace in 2015 matched that of the last several years. “Going forward, I think we’ll be able to continue that pace at probably around the same pace or a bit more,” he said.
Bill Hankowsky, chairman, president and CEO of Liberty Property Trust (NYSE: LPT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Liberty Property Trust owns industrial and office space throughout the United States and United Kingdom.
Hankowsky commented on the company’s decision to initiate a share buyback program in August 2015.
Gilbert Menna, partner and chair of Goodwin Procter’s real estate capital markets group and co-chair of its REITs practice, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Menna discussed the pace of REIT privatizations. He noted that while the current rate does not match that seen in the period from 2005 to 2007, it has been supported by a steady flow of private capital.
Scott Schaevitz, co-head of Americas real estate investment banking at Barclays, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Schaevitz said the window for more REITs to go private remains open.
“Last year, a handful of companies were trading at discounts to net asset value (NAV). Now, you have huge portions of the REIT market that are trading at discounts,” he observed.
T. Wilson Eglin, president and CEO of Lexington Realty Trust (NYSE: LXP), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Lexington owns a diversified portfolio of equity and debt interests in single-tenant commercial properties and land. The company has increased its dividend 70 percent during the past four years. Eglin explained the factors behind that growth.
Vick Seth, vice chairman of investment banking with Raymond James, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Regarding trends in the real estate capital markets, Seth noted the recent retreat in REIT shares prices and upturn in volatility. However, neither has slowed capital formation in the public or private markets, according to Seth.
Spencer Kirk, CEO of Extra Space Storage, Inc. (NYSE: EXR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
