REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Hap Stein, chairman and CEO of Regency Centers (NYSE: REG), 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.
Regency has posted gains in funds from operations (FFO) and net operating income (NOI) in 2015. Stein cited “robust” demand for space and the quality of Regency’s portfolio as drivers behind the performance. Stein also noted that the company’s occupancy rate now sits at north of 96 percent.
Andrew Silberfein, president and CEO of Rouse Properties (NYSE: RSE), 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.
Jackson Hsieh, vice chairman at Morgan Stanley, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
In the March/April edition of REIT magazine, Hsieh said that while the market for traditional IPOs is still open, the bar is “very high.” In the subsequent months the bar for REIT IPOs has only got higher, he noted.
With REIT indexes basically flat, investors aren’t making money on existing floated companies, Hsieh said.
Lauralee Martin, president and CEO of HCP, Inc. (NYSE: HCP), 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.
Martin discussed some of the themes that the health care REIT’s investors are consistently bringing up in meetings. She noted that investors are curious as to whether the changes in the cost of capital for REITs and the anticipated rise in interest rates will result in a readjustment of asset prices and capitalization rates.
John Case, CEO of Realty Income Corp. (NYSE: O), 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.
Realty Income purchases commercial real estate leased to tenants under long-term net lease agreements. The properties are generally freestanding buildings.
Scott Schaevitz, co-head of Americas real estate investment banking at Barclays, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Schaevitz said the window for more REITs to go private remains open.
“Last year, a handful of companies were trading at discounts to net asset value (NAV). Now, you have huge portions of the REIT market that are trading at discounts,” he observed.
Jim Sullivan, managing director at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Sullivan addressed the factors behind the current interest in REIT spinoffs.
“Real estate prices have never been higher,” Sullivan said. He noted that the Green Street Commercial Property Price Index concludes that real estate pricing in the United States is on average 20 percent higher than at the 2007 peak. “High prices are a primary driver.”
Debra Cafaro, chairman and CEO of Ventas, Inc. (NYSE: SRG), 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.
The Global Real Estate Sustainability Benchmark (GRESB) recognized Ventas in 2015 for the health care REIT’s sustainability program. Cafaro cited the firm’s corporate philanthropy and governance as standout features its sustainability platform.
In the latest episode of the NAREIT Podcast, Mark Roberts, head of strategy and research with Deutsche Asset & Wealth Management, offered his thoughts on the near-term outlook for the real estate market.
