As the weather begins to warm, thoughts at Federal Realty Investment Trust’s (NYSE: FRT) Bethesda Row turn toward the development’s roof, where 7,000 square feet of growing space stand ready to cultivate a new crop of salad greens, carrots, herbs and a variety of other produce.
S&P Credit Analyst: REITs Ready to Absorb Interest Rate Hikes
Lisa Sarajian, managing director with Standard & Poor’s Rating Services, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
S&P’s annual report on the REIT industry offered a positive outlook for the coming year. Sarajian attributed the optimism to a strengthening economy, which is building up business and consumer confidence. As a result, companies are enjoying “solid” operating fundamentals, according to Sarajian. She noted that occupancy rates have improved for all sectors.