John Guinee, managing director at Stifel Nicolaus, joined REIT.com 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.
