Survey Finds Commercial Real Estate Executives Overwhelmingly Optimistic About Next Year

Commercial real estate executives are overwhelmingly bullish on the outlook for their industry through the next 12 months, according to a survey conducted by international law firm DLA Piper.

DLA Piper’s survey, which was conducted in August, showed 89 percent of executives are upbeat for the coming year, compared with 85 percent a year ago and 30 percent in 2011. The survey was completed by 158 respondents, including CEOs, COOs, CFOs and other senior executives and real estate professionals.

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GRESB 2014 Survey Shows Improvement in Sustainability in Real Estate Industry

The Global Real Estate Sustainability Benchmark (GRESB) 2014 Survey results released Sept. 4 point to strong improvement in the sustainability performance of the global real estate industry as a whole, according to GRESB.

The survey looked at data from listed property companies and private equity real estate funds around the world. In total, the respondents’ portfolios cover 56,000 buildings with an aggregate value of $ 2.1 trillion.

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Commercial Real Estate Price Pressure Beginning to Emerge in Some Sectors, Report Finds

Increased demand for commercial real estate is causing the price of assets to overtake their value in certain property sectors, according to the latest Real Estate Research Corporation’s (RERC) quarterly Real Estate Report.

“The relationship between the value versus the price of commercial real estate is precariously balanced,” according to Ken Riggs, president and CEO of RERC, a national evaluation and research organization.

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Vesta CEO Highlights Benefits of Mexican Real Estate

Lorenzo Berho, chairman and CEO of Mexican real estate company Vesta (BMV: Vesta), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Vesta is an owner, developer and manager of industrial buildings and distribution centers in Mexico.

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Real Estate Fund Manager Highlights Income-Oriented Return of REIT Preferred Stocks

Joel Beam, portfolio manager at Forward Management, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Beam has primary responsibility for day-to-day management of the Forward Select Income fund,  which focuses on REIT preferred stocks. Beam said the strong income-oriented return makes the preferred market attractive for investors.

“You get more safety and more income as you go up the capital stack,” he said.

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Real Estate Fund Manager Readying for Rising Interest Rates

 

Matt Werner, portfolio manager at Chilton Capital Management, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

 In January, Chilton launched the Chilton Realty Income & Growth Fund, which invests in equity REITs and other real estate-related entities. Werner said the fund operates a “top-down process” that considers geographic regions, property types, fundamentals and demographic trends. The information is then entered into Chilton’s proprietary earnings models, which then builds a target price, Werner explained.

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