Simon Property Group Taking Holistic Approach to Sustainability

Mona Benisi, senior director of sustainability at Simon Property Group, Inc. (NYSE:SPG), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Benisi noted that Simon has been active in sustainability issues for quite some time now. Whereas the original focus was on energy management, Simon has recently been revisiting the area as sustainability matters have become more entrenched in the industry.

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Liberty Property Trust CEO Prepared to Buy Back More Stock

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.

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American Campus Breaks Ground on 100th Property

In the latest episode of the NAREIT Podcast, Bill Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), discussed the start of the student housing REIT’s 100th property and looked at the evolution of the sector.

American Campus broke ground in July on its 100th property, U Club Sunnyside at West Virginia University. The new facility will house 536 beds for university students.

“It’s a special milestone for the company,” Bayless said.

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Commercial Property REIT Easterly Builds on Government’s Preference for Leasing

Easterly Government Properties, Inc. (NYSE: DEA) is confident that the federal government’s preference for leasing properties will support its business strategy for decades to come.

The government’s shift toward leasing has been evident since the 1960’s and is unlikely to change any time soon, according to Easterly President and CEO William Trimble. In an interview with REIT.com, Trimble noted that during the Nixon administration, the federal government owned about 70 percent of its properties and leased 30 percent.

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Morgan Stanley Banker Says Property Values “Healthy”

Seth Weintrob, managing director at Morgan Stanley, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Weintrob commented on the current level of property valuations and the implications for deal-making.

“Property values are definitely healthy. The values of all assets these days are healthy, and in some sense, when you look at U.S. real estate, there’s a little bit of a Goldilocks environment from an investor standpoint,” Weintrob said.

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