CHROs Playing Increasingly Important Role on Executive Boards
The latest edition of the Nareit REIT Report podcast looked at the increasingly important role that chief human resource officers (CHROs) are playing on executive boards. Bill Ferguson, CEO of Ferguson Partners Ltd., and Elizabeth Gaffney, global CHRO practice leader at Ferguson, discussed their new research on the topic.
Former Highwoods CEO Ed Fritsch Looks Back on Three-Plus Decades at Office REIT
The latest edition of the Nareit REIT Report podcast featured an interview with Ed Fritsch, who stepped down as CEO of Highwoods Properties (NYSE: HIW) on Sept. 1 following a career of more than 30 years at the Raleigh, North Carolina-based office REIT.
FTSE Nareit All REITs Index Up 3.4% in August
The total returns of the FTSE Nareit All REITs Index rose 3.4% in August, outpacing the S&P 500 which dropped 1.6% during the same period. The total returns of the FTSE Nareit Mortgage REIT Index fell 6.5% last month, while the yield on the 10-year Treasury was 0.5% lower.
For the year to Aug. 30, the FTSE Nareit All REITs Index was 24.7% higher, while the S&P 500 was 18.3% higher.
Rob Stevenson, head of real estate equity research at Janney, said the performance of REIT stocks during the past month demonstrates a flight to quality.