Retail REIT Sell-Off Overdone, Mizuho Analyst Says

Haendel St. Juste, managing director at Mizuho Securities US, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

St. Juste commented on the volatility in the REIT market in the second half of the year. REIT stock prices have dropped about 20 percent since August.

“Fundamentals are slowing,” St. Juste said, although they are “still good by historical standards.”

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Washington Prime CEO Stresses Need for “Dynamism” in Retail Sector

Louis Conforti, CEO of retail REIT Washington Prime Group Inc. (NYSE: WPG), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Conforti was named interim CEO of the company in June and appointed to permanent position in October. He said his top goals since taking over have been buttressing the company from an operational standpoint and practicing financial prudence.

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CEO Says e-Commerce a “Friend” to Retail REIT Ramco-Gershenson

Dennis Gershenson, president and CEO of Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Ramco-Gershenson owns and manages multi-anchor shopping centers primarily located in about a dozen of the largest metropolitan markets in the United States. The REIT is celebrating its 20th anniversary as a publicly traded company this year.

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Retail REITs Luring Customers with Rewards Programs

Consumers have long demonstrated their fondness for customer loyalty programs across a wide variety of businesses, from major airlines to hotels to coffee shops around the corner. In a bid to push foot traffic across their portfolios, retail REITs are now turning to loyalty programs that gives customers instant access to promotions and cash-back rewards around their malls and shopping centers.

REITs and their tenants get real-time insight into the spending patterns of their customers in the process.

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Retail REIT Ramco-Gershenson Increasing Anchors to Boost Asset Values

As Ramco-Gershenson Properties Trust (NYSE:RPT) nears its 20th anniversary as a publicly traded REIT in May, the shopping center owner continues to grow value by densifying and upgrading its portfolio.

The company has spent the last five years culling assets and making strategic acquisitions. It has cut its property holdings in the process from 90 centers in 2010 to 72 today. In that time, the value of its assets has more than doubled, according to Dennis Gershenson, president and CEO.

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