Green Street Analyst Says Transportation Changes Will Impact Most Real Estate Sectors

Dave Bragg, managing director at Green Street Advisors, 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.

Bragg discussed some of the key disruptive forces that are affecting the future of the real estate industry.  An important one is the revolution in transportation caused by the combination of ride hailing and driverless cars.

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DCT Says Industrial Demand Coming From All Sectors

Philip Hawkins, president and CEO of DCT Industrial Trust (NYSE: DCT), 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.

Next month marks the 10-year anniversary of DCT’s initial public offering.

A key part of DCT’s strategy is its network of local personnel who are able to build relationships and “stay in tune with what’s going on,” according to Hawkins.

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Gramercy Property Trust Finding Good Deals in Office, Industrial Sectors, CEO Says

Gordon DuGan, CEO of Gramercy Property Trust (NYSE: GPT), 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.

Gramercy has made acquisitions in both the office and industrial sectors in 2014. DuGan said both sectors are healthy thanks in part to a dearth of new construction. The company is finding “terrific” assets on the market in the range of $ 5 million to $ 30 million.

Gordon DuGan

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REITWorld 2014 Panelists See More Growth in Retail, Office and Hotel Sectors

(L to R): NAREIT Chair David Neithercut, General Growth Properties CEO Sandeep Mathrani, Boston Properties CEO Owen Thomas and Host Hotels & Resorts CEO Ed Walter

CEO panelists at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT said they expect growth to continue in the mall, office and hospitality sectors against a backdrop of changing consumer and tenant preferences.

NAREIT 2015 Chair David Neithercut, the president and CEO of Equity Residential (NYSE: EQR), introduced the panel of REIT executives by observing that “our industry has a very strong story to tell.”

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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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Investment Strategist Pleasantly Surprised by Health Care, Net Lease REIT Sectors

Tim Pire, managing director with Heitman, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York. Pire serves as chief investment strategist of Heitman’s global real estate securities group.

Looking at the performance of the REIT market, Pire said the health care and triple-net lease REIT sectors represent pleasant surprises in their performances in 2014. Pire attributed some of their success to interest rates trending lower than expected.

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