REITs “Appropriately Valued” Versus Equities and Bonds, Analyst Says

John Guinee, managing director at Stifel Nicolaus, joined for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Guinee discussed the valuation of REITs relative to the broader equity and bond markets. According to Guinee, REITs are “appropriately valued right now.”

Guinee noted that REITs have outperformed the broader equity market by 300 to 500 basis points so far this year in a declining interest rate environment.


Green Street Analyst Says Real Estate Fairly Valued

John Bejjani, analyst and office sector co-head at Green Street Advisors, joined for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Bejjani reflected on the level of real estate valuations in the current market. He explained that valuations have to be looked at from two perspectives: operating income growth and capitalization rates.