REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
David Henry, CEO of Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Kimco has gone through a high volume of property acquisitions and dispositions in 2014.
“Like most of the industry post-recession, we have been all about recycling,” Henry said. “We’re trying to sell the bottom parts of our portfolio and add high-quality properties.”
After an active year for disposals in 2013, mall REIT Macerich (NYSE: MAC) remains focused on pruning its least productive assets in order to plough funds back into higher-quality retail developments.
“We want to be the best in terms of quality,” said Art Coppola, Macerich chairman and CEO, in an interview with REIT.com. “We think we’re going to have a powerhouse of a company, and we’re very happy with the direction that we’re going.”
