Scott Crowe, chief investment strategist at CenterSquare Investment Management, was a guest on the latest edition of Nareit’s REIT Report podcast.
Alexandria Real Estate Equities Notes “Five Fundamental Pillars” Positive for Life Science Industry
Dean Shigenaga, co-president and chief financial officer of Alexandria Real Estate Equities (NYSE: ARE), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.
Alexandria Real Estate Equities has been known for its deep executive bench, and Shigenaga says it puts the company in a very fortunate spot.
National Health Investors Looks Toward the Midwest and West in Acquisitions
Eric Mendelsohn, president and CEO of National Health Investors (NYSE: NHI), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.
Even though National Health Investors executed $95 million in transactions in the first half of this year, Mendelsohn said it has been a light year for the company.
Daily NAV REIT Market Benefitting from Shift Away from Traditional Non-Listed Products
Allan Swaringen, president & CEO of JLL Income Property Trust, was a guest on the latest edition of the Nareit REIT Report podcast.
JLL Income Property Trust is a perpetual life, daily NAV REIT that is advised by LaSalle Investment Management and sponsored by JLL.
CyrusOne Building Out European Platform
Gary Wojtaszek, president and CEO of CyrusOne (NASDAQ: CONE), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.
Wojtaszek said that the growth that CyrusOne has seen in the United States during the last few years is now beginning to land on European shores.
“We’re trying to build that European platform,” he said. “Our first move was the acquisition of Zenium.”
Safety, Income & Growth Strives to Reinvent the Ground Lease Business
Jay Sugarman, CEO and chairman of Safety, Income & Growth Inc. (NYSE: SAFE), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.
Equinix Focused on Being an “Interconnection Company First”
Peter Van Camp, president and interim CEO of Equinix (NASDAQ: EQIX), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.
As Equinix approaches its 20th anniversary, Van Camp notes that the company has 200 data centers in 52 markets around the world.
FTSE Nareit All REITs Index Up 0.8% in July
REITs rose modestly in July, with data center REITs and regional mall REITs posting the strongest returns during the month.
The total returns of the FTSE Nareit All REITs Index rose 0.8 percent in July, while the S&P 500 rose 3.7 percent. The total returns of the FTSE Nareit Mortgage REIT Index gained 3.8 percent in July.
The yield on the 10-year Treasury note was 0.1 percent higher in July.
FTSE Nareit All REITs Index Up 0.8% in July
REITs rose modestly in July, with data center REITs and regional mall REITs posting the strongest returns during the month.
The total returns of the FTSE Nareit All REITs Index rose 0.8 percent in July, while the S&P 500 rose 3.7 percent. The total returns of the FTSE Nareit Mortgage REIT Index gained 3.8 percent in July.
The yield on the 10-year Treasury note was 0.1 percent higher in July.
Brookfield Agrees to Buy Forest City Realty in $11.4 Billion Deal
Toronto-based Brookfield Asset Management Inc. and Forest City Realty Trust, Inc. (NYSE: FCE.A) said July 31 that Brookfield will acquire Forest City in an all-cash transaction valued at $11.4 billion, including debt.
Cleveland-based Forest City, founded in 1920, focuses on the ownership, development, management, and acquisition of commercial, residential, and mixed-use real estate in key urban markets. The REIT’s assets total $8 billion.