Study Finds REIT Board Governance Practices Strong; More Diversity Needed

October 04, 2017 · reit.com

REITs outperform other publicly traded companies in key facets of board governance and best practices, according to a new report, although there is room for improvement in the industry in terms of board diversity.

The report released by Ferguson Partners, Ltd., a global professional services firm, and Board Governance Research, an independent research company, compared 151 REITs included in the Russell 3000 Index to 2,979 other companies in the index.

FTSE NAREIT All REITs Index Down 0.6% in September

October 02, 2017 · reit.com

REITs moved modestly lower in September as broad concerns about the economy, the direction of interest rates and the length of the current real estate cycle combined to keep the sector in a holding pattern, observers said.

The total returns of the FTSE NAREIT All REITs Index dropped 0.6 percent in September, while the S&P 500 posted a total return of 2.1 percent. For the first nine months of 2017, total returns of the FTSE NAREIT All REITs Index gained 6.7 percent, while the S&P 500 returned 14.2 percent.

REITs Aiding Recovery, Assessing Damage in Puerto Rico

September 29, 2017 · reit.com

More than one week after Hurricane Maria swept across the island, Puerto Rico remains without electricity. Meanwhile, roads are impassable due to extensive flooding, and essential supplies are running low.

For REITs that operate in the storm-devastated territory, the process of contacting employees, providing assistance and assessing damage is only just starting.