REIT returns rebounded in January, and outpaced the broader market, as volatility continues to be a major factor.
The total returns of the FTSE Nareit All REITs Index rose 11.4 percent in January, while the S&P 500 rose 8.0 percent. The total returns of the FTSE Nareit Mortgage REIT Index gained 9.1 percent, while the yield on the 10-year Treasury note lost 0.1 percent.
In December, the FTSE Nareit All REITs Index fell 7.7 percent.
Nareit's ESG Forum 2019 was held Jan. 31-Feb. 1, with two pre-forum workshops held on Jan. 30. The annual event provides an opportunity for real estate executives to discuss challenges and opportunities with ESG in the REIT industry while advancing the sustainability conversation.
This year's forum had record attendance—69 of the 130 attendees were first-timers. Professionals from 70 REITs were in attendance, representing $687 billion in market cap.
For 20 years, Steve Buller has managed one of the largest and most Influential real estate funds.
LTC Properties CEO Wendy Simpson is positioning the health care REIT for further growth and remaining open to new structural opportunities.
Michael Torres, CEO of Adelante Capital Management, and Jeung Hyun, portfolio manager, joined the latest edition of the Nareit REIT Report podcast.
Torres and Hyun discussed a number of topics, including: REIT fundamentals; discounts to net asset value (NAV); merger and acquisition (M&A) activity; the role of active portfolio management; and the potential for increased Asian investment in real estate.
Nareit's 2018 Leader in the Light Award winners raise the ESG bar.
