Nareit's REIT Report Podcast
316 episodes - English - Latest episode: 6 days ago - ★★★★ - 34 ratingsA show about the latest news and developments in REITs and real estate investment.
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Episodes
Episode 401: Global Real Estate Professors Say Executive Training Program Fills Gap for Mid-Career Professionals
April 25, 2024 00:00 - 16 minutes - 23.6 MBNils Kok, professor of real estate at the University of Maastricht, and Siqi Zheng, professor of real estate at the Massachusetts Institute of Technology, were guests on the latest episode of Nareit’s REIT Report podcast. Kok and Zheng are two of the academic directors of the Global Real Estate Leaders Program, an executive training program aimed at emerging real estate professionals with at least 10 years’ experience, sponsored by the MIT Center for Real Estate and Maastricht Univ...
Episode 400: JBG SMITH’s Matt Kelly on Placemaking and Striking the Right Balance Across Communities
April 22, 2024 00:00 - 19 minutes - 27.8 MBMatt Kelly, CEO of JBG SMITH (NYSE: JBGS) and Nareit’s 2024 chair, was a guest on the 400 th episode of Nareit’s REIT Report podcast. In a wide-ranging interview, Kelly speaks about placemaking—a hallmark of the REIT’s approach to development—and the importance of “striking the right balance” between public space, retail, and work and living spaces, alongside basic neighborhood necessities. He also talks about the importance of affordable housing, JBG SMITH’s shift to become a maj...
Episode 399: American Century Investments’ Steven Brown Sees Improved REIT Earnings in 2024 & 2025
April 12, 2024 00:00 - 13 minutes - 18.5 MBSteven Brown, senior vice president and senior portfolio manager for American Century Investments, was a guest on the latest episode of the REIT Report podcast. Brown described the landscape for REIT investment today, noting that most REITs issued earnings growth guidance for 2024 of around 4%. “The REIT earnings outlook still looks very solid,” Brown said. “Demand is better than supply in most property sectors…higher interest rates as well as the higher cost of construction have ...
Episode 398: SPECIAL EPISODE: BXP’s Ben Myers on Electrifying the Built Environment
April 09, 2024 00:00 - 31 minutes - 71.6 MBThis episode of the REIT Report’s ongoing series “Building to Zero” features Ben Myers, senior vice president of sustainability at BXP (NYSE: BXP) and continues to dig deeper into the real estate industry’s journey to reduce emissions from the built environment. Myers shares his view on why it is so important to take a long term view on electrification, which refers to the replacement of fossil fuel equipment, like internal combustion engines and gas boilers, with electric motors o...
Episode 397: Chilton Capital Management on Why REITs Stand to Benefit from Capex Spending
April 04, 2024 00:00 - 14 minutes - 20.6 MBMatt Werner, senior portfolio manager for REITs at Chilton Capital Management, was a guest on the latest episode of Nareit’s REIT Report podcast. Werner emphasized the resilience of public REITs amid economic challenges, especially in managing debt maturities and maintaining dividend payments during periods of uncertainty. According to Werner, public REITs are now positioned to capitalize on market volatility, with robust balance sheets enabling them to acquire distressed properti...
Episode 396: DigitalBridge on Digital Infrastructure as Real Estate for the Modern Economy
March 21, 2024 00:00 - 17 minutes - 23.7 MBBill Hughes, managing director of liquid strategies at DigitalBridge Investment Management, was a guest on the latest edition of the Nareit REIT Report podcast. Hughes discussed some of the trends and developments in digital infrastructure and real estate securities markets today. He noted that the types of real estate businesses that get characterized as digital infrastructure currently compose around 40% of the publicly traded real estate market by value. “That's something that w...
Episode 395: CBRE IM’s Elisabeth Troni on Deciding to Add Listed REITs to a Global Investment Strategy
March 14, 2024 00:00 - 13 minutes - 18.7 MBElisabeth Troni, fund manager with CBRE IM’s flagship global investment strategy, was a guest on the latest episode of Nareit’s REIT Report. CBRE IM’s flagship global strategy began to allocate to listed REITs in December 2022. Troni explains the timing behind that decision and the scope it gave the strategy to access niche and specialized property sectors. Since December 2022, the strategy has entirely invested in an actively managed but broadly diversified strategy, Troni said. ...
Episode 394: Raymond James’ Steve Loffman on REIT Capital Market Trends
March 07, 2024 00:00 - 11 minutes - 16.1 MBSteve Loffman, managing director at Raymond James, was a guest on the latest episode of Nareit’s REIT Report podcast. Loffman is also a program director and speaker at Nareit’s REITwise: 2024 Law, Accounting & Finance Conference in Hollywood Florida, March 19-21. Loffman described the contours of the REIT capital market landscape today, noting that broadly speaking, “it's been a little bit challenging,” with REITs trading at a discount to net asset value (NAV). “But as time moves o...
Episode 393: SPECIAL EPISODE: Empire State Realty Trust Makes the Business Case for Decarbonization Strategy
February 27, 2024 00:00 - 20 minutes - 28.4 MBThis episode of the Nareit REIT Report’s ongoing series, “Building to Zero,” features Dana Schneider, director of energy and sustainability and ESG at Empire State Realty Trust, Inc.(NYSE: ESRT) and continues the discussion related to the real estate industry’s journey to reduce emissions from the built environment. In this episode, Schneider shares how ESRT began the journey on decarbonization more than 15 years ago by focusing on making the business case for deep energy retrofits...
Episode 392: More Private Real Estate Likely to Shift to Public Over Time: Nareit’s Tony Edwards
February 22, 2024 00:00 - 16 minutes - 22.5 MBTony Edwards, Nareit’s senior executive vice president, was a guest on the Nareit REIT Report® podcast. Edwards will be retiring from Nareit at the end of March, and in this episode he reflects on some of the highpoints of his career and the major changes in the industry during the past three decades. Edwards said he expects to see more private real estate shift to the public market over time, pointing to the benefits REITs offer in terms of market discipline, low leverage, and the...
Episode 391: Citi Global Real Estate Outlook Sees Stock Picking as Key Theme in 2024
February 15, 2024 00:00 - 14 minutes - 20.2 MBThree members of Citi’s global real estate research team—Nick Joseph in the U.S., Aaron Guy in the U.K., and Howard Penny in Australia—were guests on the latest episode of the Nareit REIT Report podcast. Amid the market cross currents of slower global economic growth, offset to some extent by anticipated lower interest rates, “we are generally constructive on commercial real estate in 2024,” Joseph said. At the same time, Citi’s 2024 global real estate outlook also stresses the im...
Episode 390: Life Sciences Real Estate Market Looking More Positive After Challenging 2023: JLL
February 08, 2024 00:00 - 16 minutes - 23.1 MBTravis McCready, head of life sciences, Americas markets, at JLL, was a guest on the latest episode of Nareit’s REIT Report podcast. McCready said 2023 was one of the most challenging years in memory for life sciences real estate due to a slowdown in the deployment of venture capital, higher interest rates and inflation, and “rather aggressive” real estate development of lab space in the past two years. Based on activity so far in 2024, though, “the year is already shaping up to b...
Episode 389: REIT Valuations Look Attractive Amid Favorable Macro Backdrop: Morgan Stanley
February 01, 2024 00:00 - 13 minutes - 19.2 MBLaurel Durkay, head of global listed real assets at Morgan Stanley, was a guest on the latest edition of the Nareit REIT Report podcast. Durkay said REITs today are “cheap” versus broader equities. “They do screen attractively versus private real estate. They look compelling versus where REITs have historically traded, and they look pretty fairly valued versus fixed income. The macro backdrop is favorable with interest rate stabilization and the increasing likelihood of cuts this y...
Episode 388: Cohen & Steers Launches Tool to Aid Investor Real Estate Allocation Decisions
January 25, 2024 00:00 - 12 minutes - 17.6 MBJeff Palma, senior vice president and head of multi-asset solutions at Cohen & Steers, was a guest on the latest episode of Nareit’s REIT report podcast. Palma discussed the launch of Real Assets Compass, an interactive tool designed to help institutional investors and financial advisors make informed decisions about strategic allocations to listed and private real estate. “We feel that there's an education gap among clients, institutional and individual investors alike, about som...
Episode 387: REITs Well-Positioned to Navigate and Potentially Thrive in 2024’s Higher Interest Rate Environment
January 11, 2024 00:00 - 7 minutes - 10.1 MBJohn Worth, executive vide president, research and investor outreach at Nareit, was a guest on the latest episode of the REIT Report podcast. Worth outlined some of the key messages in Nareit’s 2024 REIT Outlook, including three reasons that may make 2024 a good year for REITs. He noted that historically, at the end of a Federal Reserve tightening cycle, REITs have outperformed private real estate and equities over the following two and four quarters. “We think we saw a little prev...
Episode 386: RCLCO Fund Advisors Says U.S. Institutional Investors Under-Allocating to REITs
January 04, 2024 00:00 - 13 minutes - 19.2 MBWilliam Maher, director of strategy and research at RCLCO Fund Advisors (RFA), was a guest on Nareit’s REIT Report podcast. RFA’s clients include some of the larger public pension funds, and increasingly non-U.S. investors. Maher said that most U.S. institutional investors today allocate less than 10% of their real estate allocation to REITs. “I think that indicates a big underweight that they're probably not aware of,” Maher said. He added that RFA’s investor clients continue to ...
Episode 385: Extra Space Storage Focusing on Fundamentals in 2024 After Hectic 2023
December 14, 2023 00:00 - 11 minutes - 16.5 MBGwyn McNeal, executive vice president and chief legal officer at Extra Space Storage Inc. (NYSE: EXR), was a guest on the Nareit REIT Report podcast. McNeal discussed her role at Extra Space, the merger with Life Storage and issues she has dealt with on the legal and personnel side, legal issues facing all REITs today, as well as advice for those seeking a legal career in the commercial real estate sector. Turning to the priorities for 2024 that she is most excited about, McNeal ...
Episode 384: Real Estate Investors Adjusting to New Ways to Add Value, Profitability in Changed Environment: PwC
December 08, 2023 00:00 - 13 minutes - 18.7 MBAndrew Alperstein, PwC U.S. real estate partner, and Daniel Sullivan, PwC U.S. financial markets and real estate leader, discussed key takeaways of PwC and ULI’s Emerging Trends in Real Estate 2024 report, which incorporates data and insights from more than 2,000 industry experts. One of the main themes of this year's report is what it terms the “Great Reset,” in which old assumptions are no longer valid. Alperstein said commercial real estate investors are going to have to be “mor...
Episode 383: Creating a Neuroinclusive Work Environment is “Good Business for Everybody”
November 16, 2023 00:00 - 14 minutes - 20.2 MBTracy Powell-Rudy, vice president of corporate engagement at Integrate, a nonprofit that helps organizations identify, recruit, and retain autistic and neurodivergent talent, was a guest on the latest episode of Nareit’s REIT Report podcast. Powell-Rudy discussed the level of awareness around neurodiversity in the wider population today, the level of participation for neurodiverse individuals in the workplace, and some of the key factors impacting their hiring. She also discussed ...
Episode 382: Institutional Real Estate Investors Largely Sidelined for Now; See REITs as Complementing Strategy
November 09, 2023 00:00 - 11 minutes - 15.4 MBDoug Weill, founder and co-managing partner of Hodes Weill & Associates, a leading global capital advisory firm, was a guest on the latest episode of Nareit’s REIT Report podcast. Hodes Weill recently released the 2023 Real Estate Allocations Monitor, which showed that institutions’ target allocations to real estate were flat at about 10.8% year-over-year. “Institutions are very cautious in the market today. And while they're reasonably optimistic about the opportunity to invest o...
Episode 381: American Tower CEO Says Global Presence Fosters Connectivity in Responsible, Equitable, Sustainable Way
November 02, 2023 00:00 - 11 minutes - 15.5 MBTom Bartlett, president and CEO of American Tower Corp. (NYSE: AMT), was a guest on the latest episode of Nareit’s REIT Report podcast. Bartlett discussed American Tower’s recently launched Sustainability Report and provided an overview of the REIT’s broader sustainability strategy. He explained that “neutral hosting” is central to the company’s inherently sustainable business model. “Neutral hosting allows multiple customers to lease space on a shared single tower or asset, which ...
Episode 380: Modiv Industrial Sees Upside Potential in Mission-Critical Manufacturing Facilities
October 26, 2023 00:00 - 15 minutes - 36.4 MBAaron Halfacre, president and CEO of Modiv Industrial, Inc. (NYSE: MDV), was a guest on the latest episode of Nareit’s REIT Report podcast. Halfacre discussed Modiv’s evolution toward focusing on industrial manufacturing facilities, after starting out as a diversified net lease REIT. “We discovered that industrial manufacturing facilities were, like us, flying a bit below the radar and also, like us, providing investors with very attractive upside potential. The manufacturing sect...
Episode 379: REIT Fundamentals Remain Strong Ahead of Third Quarter Earnings
October 19, 2023 00:00 - 10 minutes - 14.8 MBDavid Auerbach, REIT industry expert and the chief investment officer of Hoya Capital & Hoya ETFs, was a guest on the latest episode of Nareit’s REIT Report podcast. Auerbach said fundamentals for REITs have remained “very strong,” despite the Federal Reserve’s tighter monetary policy. “If you look at the last quarter, public REITs reported same store property level income about 10% above where they were pre-pandemic. Many of these REITs have been preparing for winter for a long pe...
Episode 378: REIT Scale and Cost of Capital Advantages Enhanced by PropTech
October 13, 2023 00:00 - 13 minutes - 19.2 MBBrad Thomas, real estate expert, analyst, and CEO of Wide Moat Research, was a guest of Nareit’s REIT Report podcast. In this latest episode, Thomas discusses many of the themes and topics that appear in his newly released book, REITs for Dummies, including the increasingly important role played by PropTech within the sector. “We've seen PropTech throughout most every property category, in multifamily, self-storage, you name it. Every sector has some PropTech component, which is r...
Episode 377: New Research Shows REITs Historically Outperform Private Real Estate on Sustainability Performance
October 05, 2023 00:00 - 18 minutes - 25.6 MBAvis Devine, associate professor of real estate finance and sustainability at the Schulich School of Business at Toronto’s York University, was a guest on the latest episode of Nareit’s REIT Report. Devine discussed new research, sponsored by Nareit, into the sustainability performance of listed REITs and private real estate as well as their approaches toward sustainability commitments and disclosure, and the relationship between sustainability disclosure and performance among REIT...
Episode 376: Listed REITs Offer a Compelling Opportunity Versus Equities, Private Real Estate: Principal
September 28, 2023 00:00 - 14 minutes - 20.7 MBTodd Kellenberger, REIT client portfolio manager at Principal Asset Management, was a guest on the latest episode of Nareit’s REIT Report podcast. Kellenberger noted that listed REITs currently trade at significant valuation discounts to both equities and private real estate. He pointed out that the earnings price multiple of REITs versus equities today is over two standard deviations away from the long-term mean—"a level that's even cheaper than what we saw during the GFC, particu...
Episode 375: Safehold CIO Says Modern Ground Lease Concept “Here to Stay”
September 21, 2023 00:00 - 16 minutes - 23.3 MBMarcos Alvarado, president and CIO at Safehold Inc. (NYSE: SAFE), was a guest on the latest episode of Nareit’s REIT Report. Alvarado said Safehold has made a “tremendous” amount of progress in the last six years in terms of portfolio expansion and growth in enterprise value, “but in the greater scheme of what we're looking to accomplish, I think we're still very, very early on…that's what excites us about the future.”
Episode 374: Life Sciences Industry No Longer Confined to Coastal Markets: JLL
September 19, 2023 00:00 - 16 minutes - 22.4 MBTravis McCready, head of life sciences, Americas markets, JLL, was a guest on the latest episode of the REIT Report. Speaking in conjunction with the release of JLL’s 2023 Life Sciences Industry and Real Estate Perspective, McCready noted that while Boston and San Francisco remain leading life science markets on a national and international level, other markets in the United States are showing signs of growth and vitality.
Episode 373: Real Estate Roundtable says CRE Playing Key Role in Success of Federal Climate Programs
September 12, 2023 00:00 - 29 minutes - 40.9 MBAs part of Building to Zero, an ongoing series of interviews on the decarbonization of the commercial real estate sector, Duane Desiderio, senior vice president and counsel for the Real Estate Roundtable, joined a special episode of Nareit’s REIT Report podcast. Desiderio spoke with Nareit’s Senior Vice President of Environmental Stewardship and Sustainability Jessica Long to discuss recent and upcoming activity related to federal policy that supports real estate owners’ efforts to...
Episode 372: CBRE Says Global Real Estate Investors Remain Cautious as Cross-Border Capital Flows Drop in First Half
September 08, 2023 00:00 - 10 minutes - 14.5 MBRichard Barkham, global chief economist, head of global research and head of Americas research at CBRE, was a guest on the latest episode of the REIT Report podcast. Barkham discussed the state of global cross-border real estate capital flows, which totaled $30.5 billion in the first half of this year. That marked a 52% decline from the same period a year earlier and down 44% compared to an average of the first half periods between 2018 to 2022. Despite being a “pretty weak year r...
Episode 371: Actively Managed Funds’ Allocations Shed Light on REIT Market Performance
August 31, 2023 00:00 - 11 minutes - 27.4 MBNicole Funari, Nareit vice president for research, was a guest on the latest episode of the Nareit REIT Report. Funari discussed Nareit’s new project that initially involves tracking quarterly investment holdings for the 28 largest actively managed real estate investment funds that focus on REITs from 2010 to the first quarter of 2023. While performance returns offer a broad market perspective on what investors think about REITs, by narrowing the focus to active managers, or “peop...
Episode 370: REITs Well Prepared to Navigate Ongoing Economic, Capital Market Uncertainty at Mid-Year
August 03, 2023 00:00 - 10 minutes - 14.9 MBNareit Senior Vice President for Research Ed Pierzak joined the latest episode of the REIT Report podcast to talk about some of the key findings from Nareit’s 2023 mid-year report. Pierzak noted that two main factors are at play today—the divergence in public and private real estate valuations, and challenges in the capital markets, particularly around refinancing. The public-private valuation gap really reached its peak in the latter half of 2022, Pierzak said. Progress has been ...
Episode 369: Management Consultant Says REITs Should Hone Their Story to Engage Investors
July 27, 2023 00:00 - 24 minutes - 33.1 MBGene Rubin, president of management consultancy firm Rivel, joined the latest episode of Nareit’s REIT Report podcast to talk about strategic investor communications and investor engagement in the REIT space. Rivel recently carried out a generalist investor perception study on the REIT industry and Rubin discussed some of the findings that emerged. He noted that the outlook for REITs as an investment class in North America has “improved significantly” since a similar survey was und...
Episode 368: Tower REITs Gaining Important Underlying Cash Flow Driver from 5G Deployment: Invesco
July 13, 2023 00:00 - 17 minutes - 24 MBDarin Turner, managing director and chief investment officer for Invesco’s listed real assets team, was a guest on the latest edition of the Nareit REIT Report podcast. Turner discussed the scope and growth of the tower REIT industry, its performance history, how the leasing structure works, the impact of 5G, global opportunities and challenges, benefits for the sector from AI and edge computing, and more. Key Takeaways from the interview include: There are approximately 420,000 ...
Episode 367: Stability of Underlying Property Sector Trends is Key to Real Estate Deal Activity: PwC
July 06, 2023 00:00 - 8 minutes - 11.6 MBTim Bodner, global and U.S. real estate deals leader at PwC, was a guest on the latest episode of the REIT Report podcast. Bodner commented on the current state of real estate transaction activity, how different property segments are faring, opportunities amid today’s challenging environment, strategies being used to get deals done, and more. During the interview, Bodner noted that: It’s a “much more challenging” deal environment today than it was previously. Pockets of strength...
Episode 366: Top-Tier Office Properties Experiencing Continued Rent Growth: CBRE
June 29, 2023 00:00 - 16 minutes - 23.2 MBJulie Whelan, global head of occupier research at CBRE, was a guest on the latest episode of the Nareit REIT Report podcast. During the interview, Whelan discussed broad office occupancy trends, changes in how office space is utilized, the flight to quality, the role of flexible office space, the importance of an office’s location, and more. Among Whelan’s key takeaways were: Net effective rents, that account for landlord concessions, are continuing to grow at the top tier of the...
Episode 365: SPECIAL EPISODE: Norges Bank Says Real Estate Facing “Tremendous Pressure” to Decarbonize
June 26, 2023 00:00 - 19 minutes - 27.5 MBNina Galbiati, Norges Bank’s global lead sustainability for real estate, was a guest on a special episode of Nareit’s REIT Report podcast. Norges Bank is a long-term investor that has roughly 4.1% of their global investment portfolio invested in real estate, with about half of that allocated to public REITs. With the firm’s focus on maximizing risk-adjusted returns, Norges has been an influential leader in promoting the adoption of sustainability for real estate companies globally ...
Episode 364: COAERS Seeing Increased Diversification, Liquidity, Returns from REIT Completion Strategy
June 22, 2023 00:00 - 14 minutes - 20.2 MBDavid Stafford, deputy chief investment officer at The City of Austin Employees' Retirement System (COAERS), was a guest on the latest episode of Nareit’s REIT Report Podcast. During the interview, Stafford discussed COAERS’ decision to use REITs as part of a portfolio completion strategy starting in early 2020—an approach that has been successful for the fund and one that it continues to assess on an ongoing basis. He also spoke about the importance of having a mindset attuned to ...
Episode 363: Time is Right to Increase Exposure to REITs and Listed Real Estate: DWS
June 15, 2023 00:00 - 15 minutes - 21.1 MBJohn Vojticek, global head of liquid real assets at DWS, a global asset manager with nearly $1 trillion of assets under management, was a guest on the latest episode of the REIT Report podcast. Vojticek commented on the operating environment for listed REITs, DWS’s recommendations for using REITs in conjunction with private real estate to complete portfolios, the access REITs provide to emerging asset classes, the benefits of global investment in REITs, and more.
Episode 362: REITs Likely to Outperform Equities and Private Real Estate Once Fed Rate Hike Cycle Ends
June 12, 2023 00:00 - 9 minutes - 12.6 MBUma Moriarity, senior investment strategist at CenterSquare Investment Management, was a guest on the latest episode of Nareit’s REIT Report podcast. Moriarity spoke about how REITs are faring in the current interest rate climate, how their valuations compare to private real estate, REITs and their position in the capital markets, property sectors that CenterSquare is bullish on, and more. A pause in interest rate hikes is generally expected to occur at the next Federal Reserve me...
Episode 361: Listed Real Estate Offers Investors Ready Access to Specialty Property Types
June 08, 2023 00:00 - 15 minutes - 21.6 MBAndrew Duffy, co-founder, managing partner, chief investment officer, and senior portfolio manager of Ranger Global Real Estate Advisors, an independent investment advisor, was a guest on the latest episode of Nareit’s REIT Report podcast. Duffy spoke about: the state of commercial real estate today and how Ranger Global distinguishes between the performance of geographies and property types; the appeal of next generation property types; the advantages and risks of investing domest...
Episode 360: Alexander & Baldwin CEO Says Right Time for Transition as REIT Nears Completion of Transformation
June 01, 2023 00:00 - 15 minutes - 20.8 MBChris Benjamin, CEO of Alexander & Baldwin, Inc. (NYSE: ALEX), was a guest on the latest episode of Nareit’s REIT Report podcast. Benjamin, who will step down as CEO on June 30, reflected on his tenure at A&B, why supporting community organizations has played an important complement to his executive role, the transformation the company has undergone and its decision to convert to a REIT, changing the culture of A&B and its progress on DEI issues, and more. Benjamin said that now i...
Episode 359: Global Emerging Market Real Estate Fund Finds Opportunities from Rapid Urbanization Trends
May 25, 2023 00:00 - 15 minutes - 20.8 MBJohn Haskell, founder and chief investment officer at Atla Capital Management LLC, was a guest on the latest episode of the Nareit REIT Report. During the interview, Haskell talked about the opportunities from investing in global emerging market listed real estate, the scope of the market, the key theme of urbanization, challenges posed by the lack of reporting standardization, the potential shelter that emerging markets offer relative to other markets, and more. Haskell manages t...
Episode 358: REITs Set to Benefit from Prior Repricing, Anticipated Pause in Rate Hikes
May 18, 2023 00:00 - 12 minutes - 16.7 MBJonathan Miniman, global portfolio manager and head of the Americas real estate securities research team at CBRE Investment Management, was a guest on the latest episode of the Nareit REIT Report. During the interview, Miniman discussed: concerns impacting commercial real estate—including the banking crisis; potential opportunities for REITs in the months ahead; the role REITs can play in conjunction with private real estate; and the role that active managers can play for REIT inve...
Episode 357: REITs Likely to Attract Growing Interest from Private Real Estate Funds
May 11, 2023 00:00 - 13 minutes - 18.8 MBREITs are likely to attract growing interest from private real estate funds looking to deploy capital where they see value discrepancies, says Christian Busken, senior vice president and director of real assets at FEG Investment Advisors. “There's a growing recognition that REITs present some attractive opportunities and I think that we'll see more private firms getting into the space,” Busken told the REIT Report podcast. He noted that “it's not unusual for us to see some of our p...
Episode 356: Columbia Threadneedle Launches ETF Amid Signs of Maintained or Increased Real Estate Allocations
May 04, 2023 00:00 - 11 minutes - 15.3 MBRecent survey data from Columbia Threadneedle Investments shows that 93% of financial advisors plan to maintain or increase their real estate allocations over the next 12 to 24 months, confirming that the “timing is right” for the launch of the Columbia Research Enhanced Real Estate ETF (NYSE Arca: CRED), says Marc Zeitoun, head of strategic beta at the global asset manager. Columbia Threadneedle launched CRED on April 26. The ETF tracks a custom, proprietary index which typically ...
Episode 355: REITs Increasingly Adopting Practices That Offer Visibility into Their Environmental, Social Performance
May 01, 2023 00:00 - 11 minutes - 16.4 MBREITs are making gains across the board in adopting practices that enable investors to make informed decisions taking into account environmental and social strategy and performance, says Jessica Long, Nareit senior vice president for environmental stewardship and sustainability. Speaking on the REIT Report, Long noted that Nareit’s latest REIT ESG Dashboard shows that 100% of the top 100 REITs are reporting publicly on ESG in some manner. “REITs really are demonstrating that as an ...
Episode 354: Championing DEI Change Requires Organizations to Take Multi-Pronged Approach
April 20, 2023 00:00 - 13 minutes - 18.7 MBChampioning change related to diversity, equity, and inclusion matters requires organizations to actively commit people and resources to the task, to clarify that change is everybody’s responsibility, and to build coalitions wherever possible, says Adjoa B. Asamoah, an advocate of racial equity and an award-winning social impact strategist. Asamoah, a keynote speaker at Nareit's REITwise: 2023 Law, Accounting & Finance Conference, developed the legislative strategy for the CROWN Ac...
Episode 353: Life Sciences Market Being Driven by Late Stage Clinical Pipeline, CBRE Says
April 06, 2023 00:00 - 1 hour - 18.7 MBA record number of products still under development in the life sciences sector continue to provide tailwinds for the industry, despite volatility in the broader macroeconomic environment, says Matt Gardner, CBRE’s U.S. life sciences leader. Speaking on the Nareit REIT Report, Gardner noted that a bull run of investment in life sciences, that started in 2015, “left us with an incredible number of products in development. And those are still there.” Gardner stressed that the life s...
Episode 352: Residential REITs Benefitting from Strong Balance Sheets and Leasing Tailwinds
March 30, 2023 00:00 - 13 minutes - 18.7 MBResidential REITs offer investors a safe option amid current volatility, with strong balance sheets, leasing tailwinds, and the continued shortage of affordable starter homes among the key factors supporting growth in the sector, says David Auerbach, managing director at Armada ETF Advisors. Armada’s flagship product HAUS is an exchange traded fund (ETF) comprised of 25 pure play residential REITs in the multifamily, manufactured housing, single-family rental, and senior housing se...