Nareit

A new video shows how PGIM Real Estate added #REITs to an AustralianSuper fund's portfolio, transforming it in a way that only public listed real estate can. Watch and like or share this case study to show why portfolios need private and public real estate. https://lnkd.in/ekhh7ATB Rick Romano

What affect will #RTO mandates have on office #REITs? What office design features are in demand? Where are the best opportunities for office REITs in 2025? Dylan Burzinski, Blaine Heck, CFA, and Ronald Kamdem, CFA answer these questions and more in our office roundtable. https://lnkd.in/e38QVmTS Green Street Wells Fargo Morgan Stanley #realestate

Nareit’s #REITwise Conference sessions receive 4.5 out of 5 stars from attendees and it’s the only #CRE educational event designed for the #REIT industry. Don’t miss the chance to experience unmatched networking opportunities; updates on #finance, #law and #accounting topics; and to earn CE credits. Sign up today: https://lnkd.in/ehUg4zJ2 

With plenty of dry powder, #REITs are ready to pursue accretive growth opportunities. But will deals happen in what could be a higher for longer rate environment? Beth Mattson-Teig looks at the debt issuance outlook for 2025, the sectors likely to pursue acquisitions, and more: https://lnkd.in/ei3HxTmP Thanks to Todd Kellenberger, Principal Asset Management; Mark Streeter, J.P. Morgan; Matthew Sgrizzi, LaSalle Investment Management; Chris Hudgins, S&P Global Market Intelligence for your insights. #realestate

ICYMI: Check out 6 key reasons for having public and private real estate in a portfolio The reasons are based off analysis of 25 yrs of #pension fund investments and their performance. From 1998-2022: 1️⃣ On avg., #REITs outperformed private real estate by 2.08% on an annual net total return basis. 2️⃣ REITs outperformed private real estate across the distributions of average annual net total returns. 3️⃣ REITs and private real estate both generated alpha before fees, but only REITs maintained alpha after fees. 4️⃣ Internally managed direct and REITs were the top performing CRE investment styles. 5️⃣ After adjusting for reporting lags, REITs and private real estate were highly correlated; the correlation coefficient was 0.90. 6️⃣ The CRE asset classes had comparable volatilities after accounting for reporting lags in private real estate, but REITs provided higher risk-adjusted returns. Read more in the winter edition of PENSION REAL ESTATE ASSOCIATION (PREA)'s quarterly magazine, where Edward Pierzak and maaike van bragt discuss these findings, the CEM Benchmarking Inc. studies that they came from, how they adjust for reporting lags at the individual pension fund level, and more: https://lnkd.in/eVS5EMyZ Thanks Jack Nowakowski and the PREA team, and thank you Alexander Beath, PhD and Christopher Flynn, CFA for your past and present work on these CEM studies.

If you're looking for the index with the broadest global #realestate coverage, then look no further, because the FTSE EPRA Nareit Global Extended Indices now includes telecommunications. Nareit's John Barwick discusses the expansion of the indices, their returns, and more in this quick read: https://lnkd.in/eyygXEjQ As always, thanks to our index partners: FTSE Russell, An LSEG Business and EPRA (European Public Real Estate Association) #REITs

We're kicking off the week with a short, but in-depth take on the industrial sector with Melinda McLaughlin from Prologis. In just 12 min., she discusses trends impacting logistics, including global trade, delivery speeds, new construction, e-commerce, rising barriers to supply, and standout global markets (think: Brazil). https://lnkd.in/eWJJ8M42 #REITs #realestate #industrial

Sneak peak: Mike LaBelle from BXP, Inc. talks about his upcoming REITwise panel, which will focus on navigating the legal and accounting issues that REITs face when acquiring distressed assets. https://lnkd.in/eFH8rDq9 He'll be joined by Siobhan Murphy, Goodwin Proctor; Matthew DiLiberto, SL Green Realty Corp.; and Andrew Alperstein; PwC. In today's economic environment, this panel is especially timely, and you can only learn about these issues at REITwise: https://lnkd.in/e8FdXcqi

We love when we get to say this: we're hiring! If you're interested in #CRE, #REITs, and working in a collaborative environment with great people, then join us. We're specifically looking for two positions: ▪️ Director, REITPAC & Political Outreach ▪️ Analyst, Research & Industry Information Check out the job descriptions: https://lnkd.in/euJJ4xZN 👉 Make sure you send your cover letter and resume to HR@nareit.com. And if you're not in the market but know someone who would be good for either of these positions, please share this with them.