SEC Chairman Signals Possible Rule Changes for Proxy Advisors and Shareholder Proposals

December 07, 2018 ·

In a Dec. 6 speech, SEC Chairman Jay Clayton commented on the commission’s recent roundtable on the proxy process, and signaled that improving this process will be “a significant initiative for 2019.”

FTSE Nareit All REITs Index Up 4.5% in November

December 04, 2018 ·

REITs outpaced the broader stock market during November, with gains seen across the breadth of the industry.

The total returns of the FTSE Nareit All REITs Index rose 4.5 percent in November, while the S&P 500 gained 2.0 percent. The total returns of the FTSE Nareit Mortgage REIT Index added 1.8 percent, while the yield on the 10-year Treasury note fell 0.2 percent.

REITs Set to Gain from Amazon HQ2 Decision

November 14, 2018 ·

REITs active in the office, multifamily, and retail sectors, including JBG SMITH (NYSE: JBGS), are expected to be among the main beneficiaries of Amazon’s decision to locate two new headquarters in Northern Virginia and Long Island City, New York.

Amazon said Nov. 13 that it will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations. It has also selected Nashville for a new Center of Excellence for its operations business.