Morgan Stanley Analyst says REIT Investors Warming to Single-Family REITs

Haendel St. Juste, executive director at Morgan Stanley, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

St. Juste discussed the trends he is seeing among institutional REIT investors active in the single-family rental market. While the sector is still largely dominated by hedge funds, “REIT investors are slowly warming up to it,” St. Juste said.

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DCT CEO Says Climate Favors Industrial Development

Phil Hawkins, CEO of DCT Industrial Trust Inc. (NYSE: DCT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

DCT specializes in the acquisition, development, leasing and management of bulk distribution and light industrial properties located in high-volume markets in the United States. Hawkins discussed the state of development activity at the company.

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Fitch Analyst Says REIT Fundamentals Holding Firm

Steven Marks, managing director with Fitch Ratings, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Marks said fundamentals in the real estate market generally held up in the first half of 2015 throughout all sectors. Fitch Ratings is projecting growth in same store net operating income (SSNOI) along the lines of 3 percent to 4 percent this year.

“Demand remains relatively steady,” said Marks, noting that GDP growth has continued.

Steven Marks

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PNLR Liquidity Events Changing, Lawyer Says

Ken Betts, international partner with Locke Lorde LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Betts noted that liquidity events are becoming more common in the public non-listed REIT (PNLR) sector. He described two different kinds of liquidity events for PNLRs. Roughly 50 percent have consisted of mergers and acquisitions (M&A). The other half have come through initial public offerings (IPOs).

Ken Betts

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Data Center REIT Executive Says Rise of Cyber Attacks Globally a Major Concern

Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”

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Deloitte Analyst Says Chinese Interest in U.S. Real Estate Remains Firm

Bob O’Brien, partner and U.S. real estate services leader at Deloitte, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

O’Brien discussed the rise in Chinese foreign investment , as well as the possibilities for a REIT regime in China.

O’Brien noted that Chinese investment in the United States has increased about seven-fold in the past five years, and real estate accounts for a significant portion of that growth.

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