THE GREENING OF REITS
AND REAL ESTATE INVESTMENT

Simon Says

Mall REIT CEO David Simon discusses Simon Property Group's sustainability efforts, globalization, acquisitions and challenges of running the largest U.S. REIT

On the Road to Retirement

Target date funds are taking a closer look at where retirees will end up.

Riding Recent REIT Volatility: Wild Ride

REITs have demonstrated increased volatility lately, but is it here to stay?

Navigating the Credit Crisis

How will REITs fare?

Shockwave

In the midst of economic uncertainty, what is in store for REITs?

California Dreaming

BRE Properties aims for strength through development.

Social Responsibility

Whether it’s donating time, services or goods, REITs give back to the community.

Running Down The REIT Highway

The REIT universe may get a whole lot bigger down the road.

Offerings on Deck

IPOs have fallen off in the last four years.

Tour de Force

French REITs looking good heading into 2009

Slow Times Means Big Business

Inland Real Estate's necessity-based portfolio stands up

Sovereign wealth funds create new financial force in real estate investing

Equity Residential goes online to meet the needs of its Web-savvy customers

The Corner Stone

Times might be getting tougher for the industry

30 Women to Note

The REIT and real estate investment communities are no longer solely a man‘s world.

Weathering the Credit Crisis

Top executives discuss managing through the credit crunch and a slowing economy

EQR 2.0

Equity Residential goes online to meet the needs of its Web-savvy customers

Mutual Interests

Joint ventures offer win-win potential

From Alpha to Beta

A look at developing markets for managing real estate risk

Rocky Road

What's next for the CMBS market?

Set for a REIT Rebound

REITs begin to separate from financials

Thriving in the Web

REITs enhance their business of connecting with customers via the Internet

Choices, Choices, Choices

Investors have more ways to buy and sell real estate than ever before

Building Potential

Non-traded REITs, cousins of publicly traded REITs, are a growing trend in the real estate investment industry

Down, But Not Out

Real estate funds underperformed in 2007, but some professionals say it won’t last

Three's Company

Land Securities Group, the largest U.K. REIT, will divide into three separate companies

The 2008 View

Looking ahead with investment pros

REITs Unite

Real estate groups around the world join together

The Time of Your Life

Life cycle funds gain popularity by enabling investors to choose tailored investment plans

Australian Walkabout

In the midst of creating a strong presence in the U.S. retail REIT market, Centro Property Group faces a liquidity squeeze

Viva Las Vegas

At NAREIT's 2007 Annual Convention

Boston REIT Party

Mortimer Zuckerman and Ed Linde have built Boston Properties into one of the world’s top real estate companies

The Year of the Deal, Interrupted

2007 was a big year for REIT privatizations, until the credit crunch hit. What’s next for M&A in the REIT industry?

Building Returns

Focusing on development brings risks and rewards

Opportunity Knocks

Amid a climate of market volatility, now is a great opportunity to buy REITs

Fine Line

REITs look for ways to retain their executives rather than having them jump to the private side.

REIT Breakthrough

Recent research details better returns through indirect real estate investment.

Buyback or Payout?

Some REITs are repurchasing stock, but not all analysts agree with the move.

REITS Worldwide
The Global Opportunity Set

Great Expectations

Tom Bell and Cousins Properties prove that taking risk has its rewards

Coming into Focus

Mortgage REITs tighten their lending practices to improve their outlook going forward

Green Investing

Sustainable development is luring investors across the globe

Shining Stars

Risk-adjusted performance and diversification benefits of REITs outshine other market sectors and investment strategies.

Role Model

What part do REITs play in pension plans?

Beyond the Yield

A REIT recipe for dividends and more

Building Adventure through Science

BioMed Realty finds opportunity in the life sciences industry

Cultivating Growth

REITs are looking for new and innovative ways to grow and establish value for investors

Pillars of Good Governance

REITs gain valuation and shareholder approval

The Dawning of Derivatives

REIT and real estate derivatives are introduced as a new financial tool in the real estate world

New Piece of the Debt Puzzle

REITs are turning to convertible bonds as an attractive capital solution.

View from the Corner Office

Leading REIT CEOs discuss the opportunities and challenges that lie ahead

A Simple Recipe

Focus and location are EastGroup's main ingredients for success

Full Speed Ahead

With a huge underlying property base, U.K. REITs are off to a fast start.

Land of the Rising REITs

The J–REIT market has taken off. Here is what's next.

Leader of the Pack

Analyst turned portfolio manager Jay Leupp tops stock challenge

Growing Green

Environmentally friendly building practices slash operating costs and increase ROI while attracting new investors.

Stellar Performance

For a seventh straight year, real estate funds outperformed in 2006.

Crossing Boundaries

Kimco Realty Corporation steps outside the box to adapt and grow.

Global Summit

Executives from the U.S. and abroad discuss investment opportunities around the world

The 2007 Landscape

Five industry professionals discuss the year to come

World Market

AMB Property Corporation forges ahead in its international pursuit for industrial space.

A Meeting of the Minds

NAREIT's 2006 Annual Convention focused on the current state of the REIT industry including globalization, consolidation and leadership.

Building Your Nest Egg

Retirement savings and the role real estate can play

In this special issue of Portfolio we will explore the trends, trials and tribulations of retirement savings and the role REIT investing can play in securing and strengthening those savings.

Dynamic Duo

Martin Cohen and Robert Steers shaped the REIT investment market for 20 years — they share what's next

Year of the Deal

2006 was quite a year with several REITs buying, selling and merging. Why the flurry of REIT deals? Here is an in-depth look at this trend and the industry’s rationale for the urge to merge.

Deluge of Debt

REITs cannot live on equity alone and must go to the debt markets for funding. Here are the advantages and disadvantages of using secured or unsecured debt.

Building Outside the Box

Bryce Blair and AvalonBay strive for a diverse portfolio and expand clientele in competitive markets.

Through the Looking Glass

Have you ever wanted to take a step back and look at the overall picture? Portfolio asked five veteran generalist investment professionals to offer their opinions on REITs and real estate investing in order to get a fresh look at the industry.

Branching Out

As one of the oldest industries in the United States, lumber and paper products has adapted with contemporary business. Read how their distinctive qualities allow timber REITs to branch out from "specialty REITs" into a sector of their own.

5 Under 40

Portfolio surveyed REIT investors to identify some of the industry’s most promising young talent. Here are five up-and-coming REIT executives under the age of 40 who represent a glimpse into the industry’s future.

Rising Force

Beacon Capital Finds Opportunity in Well-Situated Places

EU REITs

REITs have arrived in Europe, providing more choice for investors. Learn why analysts have a positive outlook on European REITs

Worldly Wealth

Real estate is becoming more global and investors want to participate in the international real estate securities evolution

Going Abroad

The public real estate sector is snapping up properties outside the United States while reaping the benefits of foreign property ownership

Breaking Ground

To Build Dividends and Diversification: A look at REIT Development

Inside the Boardroom

Seven leading REIT CEOs discuss corporate governance issues facing the industry

Joint Ventures: How the Deal Is Done

Joint ventures between REITs and institutional partners are a strategy for growing capital sourcing and allocation, used by REITs to diversify their revenues

Peak Performance

Weingarten Realty Investors first opened its doors in 1901 and has blossomed with a portfolio of 360 shopping centers in 20 states

Trillion

Commercial Real Estate Reaches a Securitization Milestone

Opportunity & Optimism

After last year’s devastating hurricanes, property owners and residents in the Gulf Coast rebuild and look toward the future

REIT Dividends Still Blooming

For investors looking to grow their portfolio’s income, REITs continue to be a logical choice

Indexes: An Investment Strategy or Investment Benchmark

Does indexed investing have a place in your portfolio?

Spreading Its Wings

Duke Realty Corporation sheds its regional focus and embarks on a strategic national expansion

No Knocking Block

Real Estate Portfolio Stock Challenge Winner, and veteran REIT investor, Ralph Block reflects on what went right in 2005 and what he expects in 2006

Fund Raising

Real estate funds find smooth sailing in 2005, managers set to navigate for similar returns in 2006

Value Proposition

The rise in REIT acquisitions raises the question of where the true value of real estate lies

Senior Circuit

Nationwide Health Properties goes on a buying spree

2006 Real Estate Outlook

While opinions vary greatly on what 2006 will hold for real estate securities, the long-term prognosis for REITs remains decidedly positive.

Against the Grain

Through foresight and conviction, William Sanders has blazed many trails in the real estate industry and with Verde Realty he is at it again

United It Stands

United Dominion Realty Trust’s five-year plan has it repositioned for long-term success

REITs Around The World

Pursuing global real estate investment opportunities

Real Estate Portfolio talks to leading international experts and industry heavyweights to delve into what has driven global real estate expansion and the rise of new REIT structures worldwide in recent years and what investors can expect from the global real estate market going forward.

Real Estate Visionary

A Conversation With Vornado's Steven Roth

Buy or Build

In today’s market, are REITs better off using acquisitions or development—or a combination of both—to fuel growth?

Expanding the REIT Horizon

Five years after the passage of the REIT Modernization Act made taxable REIT subsidiaries possible, TRS continue expanding business opportunities for REITs

Westfield's Worldwide Web

When you think about truly global REITs The Westfield Group instantly comes to mind. Find out what allows this regional mall developer to flourish in every country it enters

45 @ 45

In honor of REITs turning 45, take a look at the 45 events that shaped the course of the REIT industry

First Analysis

This group of REIT pioneers may not have fully known what they were getting into, but they knew REITs were headed somewhere worth following

Evolution of a Company and an Industry

Out of a chance encounter, the business model that would become Public Storage—the self-storage industry leader—was born

Retail Has a Reckoning

As the dust clears from several industry-shaking deals, REIT professionals weigh in on the sector's next evolution

A Look Inside

The 8 governance issues that matter most to REIT investors

Bringing the Outside In

A handful of REITs have begun looking beyond the REIT world for senior executive talent, but the path of succession still typically starts from within

A Look into the Future

In its infancy now, nanotechnology will play a large role in redefining how real estate is used and developed in the years to come

Seeing the Forest through the Trees

Timber REIT Rayonier branches out to foster long-term earnings growth

Dividend Kings

Making the REIT move for dividends and dividend growth

The NAV Debate

Is net asset value the most accurate way to value REIT stocks?

The State of REITs

18 REIT veterans share their insights on the current and future state of the REIT marketplace

Banking on a Niche

Unique focus delivers fast growth to American Financial Realty Trust

Center Stage

When the curtain closes on 2005, will investors still be applauding REITs' performance?

Mutual Admiration

Lipper's 2004 fund rankings show it was another stellar year for REIT mutual funds. Can fund managers maintain that pace in 2005?

Is the Price Right?

Is there a correlation between IPO pricing and long-term stock performance?

2005 Investor Outlook

Leading investors discuss the issues and trends that will impact REIT performance in 2005 and beyond

Fundamental Improvement

Real estate fundamentals have lagged as share prices have soared. Will 2005 see the two aligned?

Returning to Its Roots

Federal Realty Investment Trust builds on its core basics to grow from within

REIT Pioneer

Kimco's Milton Cooper jumpstarted the modern REIT era—now he weighs what's next.

State of the Industry

Heading into 2005, how is the publicly traded real estate industry doing? REITs showed their mettle during the first recession of the modern REIT era

International Signposts

Recent events provide directions for where U.S. REITs may be headed with cross border activity

Kilroy Is Here

Diverse, vibrant Southern California market buoys Kilroy Realty Corporation's performance

Outside the Box

Equity REITs explore structured finance opportunities as mortgage REITs welcome the competition

Hedging Their Bets

Hedge funds increasingly look to REITs, but should investors look back?

REITs and Rates

Opinions are split on what impact, if any, a rising rate environment will have on REIT investing

Bonds—REIT Bonds

REIT unsecured debt stacks up well against other corporate fixed-income securities. Find out what factors could alter that outlook

At Any Rate

Steep yield curve, investment mix prepares Annaly Mortgage Management for changing rates

A New Generation

What type of leaders will write the next chapter in the REIT story?

The Price of Being Public

Learn how small-cap REITs are handling the financial challenges of operating in a post Sarbanes-Oxley world

In Good Health

Health Care REIT’s vital signs look good thanks to a history of strong returns and strong management

Capital Forecast

Can REIT capital market activity match the flurry of 2003?

Fitting In

REITs try to claim their rightful place in dividend-focused funds

Where Are They Now?

Portfolio catches up with five former top REIT analysts

Playing By The Rules

How will changes on Wall Street impact REIT coverage?

Growing Value

Positive mall trends help General Growth Properties live up to its name

Top Rank

Varied investment strategies guided real estate mutual funds to overwhelming success in 2003, but fund managers stress caution for 2004

High Energy

As REITs take steps to mitigate rising energy costs and improve efficiency, will investors see a spark in their returns?

And the Winners Are...

Jeff Donnelly, Lee Schalop and Barry Vinocur earn top honors in the 2003 Real Estate Portfolio Stock Challenge

Trusting Liberty

Proactive stance, guaranteed occupancy and local management are keys for Liberty Property Trust's success in soft market

2004 Analyst Outlook

Top Analysts Outline Prospects for a Continued REIT Run

Diversify and Multiply

The "live-work-shop" mantra is the driving force behind Colonial Properties Trust's success

Keeping the Flow

Fund flows continue to pour into the industry, but what does this mean for REITs long term?

Straight From Sam

Sam Zell has been called many things throughout his storied career...

Undefined Contributions

Although a large number of companies invest in real estate in their defined benefit plans, many deny their employees the same advantages in their 401(k) plans

Equal Opportunities

Once a male-dominated industry, more women are climbing the real estate ladder

Reit Rookies

Why have a number of fund managers, plan sponsors and providers come off the bench to make a play for REITs?

Is Gables Able?

Gables Residential expects its monthly dividend and improving economic and demographic factors to pay off for shareholders.

Capital Import

Can REITs build their shareholder base by attracting foreign investors?

Foreign Affairs

Some U.S. REITs are finding favorable results overseas. But not all REITs travel well.

REIT IPOs Trend or Coincidence?

Now that Maguire and American Financial have tested the water, will other companies follow into the public market?

First Rate

Times have been very good for Thornburg Mortgage, but what impact will interest rate hikes have?

Views From The Top

This excerpt from NAREIT’s Institutional Investor Forum features a candid discussion among six leading industry executives

Improving Corporate Governance

A survey of board practices reveals the industry is making both progress and missteps in improving corporate governance

Independent Voice

Four independent directors share their thoughts on joining the industry...

Winning Formula

Archstone-Smith’s transformation is fueled by a single vision for success.

Quantity vs. Quality

Can too much financial disclosure diminish the information’s value to investors?

Exchange Traded or Non-Exchange Traded?

Publicly-registered non-exchange traded companies provide another avenue for real estate investors, but there are caveats

The Going Rate For Real Estate

Cap rates have held despite weakening fundamentals

Triple Play

The Rouse Company’s diverse portfolio boosts its balance sheet in difficult economic times

Imagination at Work

GE Real Estate has a new vision, including global expansion with an eye toward diversification

Looking for a Little Hospitality

After a difficult 2002, MeriStar Hospitality Corporation is ready to win back investors.

Let’s Make a Deal

Are joint ventures between REITs and pension funds a good deal for investors?

When Raising Capital Raises a Ruckus

At times, direct placements of common shares make sense. But try telling that to some shareholders

2003 Investor Outlook

Leading Investors Weigh In on the Key Issues Shaping the REIT Industry

Seeing the Big Picture

REITs have outperformed over the past 20 years, but will broader market, demographic and economic factors allow those results to hold over the next two decades?

Beast of the East

Mack-Cali Realty Corporation’s strategic shift from a national focus to a regional one concentrated in the Northeast has strengthened the company’s overall performance

Changing Suit

As the spotlight on corporate governance intensifies, a company’s board of directors has become more important than ever.

Keeping an Eye on Insurance

Assessing risk, limiting exposure to terrorism and effective disclosure are some of the keys to unlocking the insurance puzzle.

No Simple Simon

On the heels of completing the biggest mall deal ever

Something Special

With few peers and equally unique markets, specialty REITs share similar challenges reaching investors

An Inexact Science

Analysts and investors may debate the mechanics of calculating NAV

Back to Work

One year later, New York City and its property markets look to the future.

The Upside of Upscale

Host Marriott lodges potential as travel/leisure market recovers

After the Fall

Companies are not waiting for Congress to act;

Changes at the Top

FAs real estate continues to evolve in the public sector,...

Filling in the Blanks

As suburban sprawl spreads, residents and developers have headed back to the city.

Managing Crisis

Web Exclusive.

Branching Out

Plum Creek Builds on Its Success with Timber Company Deal

You Say Small Cap, I Say Micro Cap

Don’t let the name fool you, there is nothing small about the weight this group ...

Nobody's Fool

Real estate investors of all levels turn to The Motley Fool’s discussion board to ask questions...

Screening Process

No longer just a means to weed out bad tenants, screening software boosts closing ratios, reduces liability and increases efficiency.

Transformation

TrizecHahn Corporation finds the key to unlocking shareholder value in converting to a REIT

Up To Speed

Financial management tools provide the speed and accuracy real estate companies...

Service with a Smile

Customer interaction and service get the digital touch ...

Covering Their Bases

CenterPoint sets the standard for redeveloping decommissioned military bases

Branching Out

Plum Creek Builds on Its Success with Timber Company Deal

A Bright Idea

Energy efficient lighting is not only good for the environment...

Energy Stars

Some tips and tidbits courtesy of the EPA’s ENERGY STAR program

Power Play

Cost savings and enhanced reliability drive use of distributed generation as an alternative power source

Transformation

TrizecHahn Corporation finds the key to unlocking shareholder value in converting to a REIT

Rebuilding

Work is underway to rebuild the property, confidence and security the nation lost on September 11.

Cracking the Code

Developers operating in multiple jurisdictions find ways to manage multiple building codes ...

Crouching Market, Hidden Value

REITs may hold the key to revitalizing struggling property markets in the Pacific Rim

The Writ Way

A diverse portfolio and local focus have kept Washington Real Estate Investment Trust in the black

Is the Dealing done?

Leading analysts debate what impact recent M&A activity...

Failing Grades

The nation's infrastructure is crumbling...will you have to pay? ...

Suits Them Fine

An increasing number of companies are looking to build-to-suit projects ...

On the Move

ProLogis Trust’s focus on the customer...

Boom Times

Did you feel the earth move last year?

It's Easy Being Green

Ecologically conscious building techniques are helping...

Safe and Secure

A look at security systems for a variety of real estate sectors...

Worth the Price

What can a few trophy properties add to a portfolio?

On the Rise

Today, the first wave of Baby Boomers are preparing to retire...

Enticing the Euro

Is recent activity by European investors in the U.S. REIT market an indication of more to come?

What Can We Offer You

Real estate companies are being creative in finding ways...

Going Their Own Way

Now self-advised, LaSalle Hotel Properties is well positioned to move forward...

2001 A Technology Odyssey

Across a wide variety of sectors, new technology is revolutionizing the way real estate owners manage their properties.

Thrill Ride!

Despite the recent roller coaster for high-tech company stock prices...

The Simple Life

New streamlined regulations and special software are being combined to simplify the maze of retail tax codes in the U.S.

Capitol Currents

The 2000 elections have again transformed the political land scape and the REIT industry is keeping a watchful eye...

Catch the Edge

Following demographic trends, housing for active seniors is snowballing into a strong market

Shopping Smart

Regency Realty is using extensive data evaluation to help grow its properties

Forward Looking

A look at what REIT executives expect to see in the next 12 months

A Continental Flair

Interest in REIT-like companies in Europe is growing

Charitable Investments

REIT and REOC managements are always looking for the best ways to invest their human

That's Entertainment

An investment banker dealing with capital markets for its client, AMC Entertainment

Casualities of Honor

Every American school child learns that Aaron Burr killed his rival Alexander Hamilton in a duel.

Crisis Control

When a crisis strikes at one of your properties, there is no substitute for having a well-established crisis

Charting Their Own Course

This is another in our series of articles profiling companies in the REIT and publicly traded real estate industry.

The Hunt is on…

It's a jungle out there. Just ask the human resources director at any real estate company how difficult it has become to track down and…

Hitting the Grand Slam!

Top producing executives, like the sultans of swat in baseball, can be expensive, but they are vital to a successful management team.

Manufacturing Dreams

Strong demographics, quality products and new amenities are helping to keep manufactured housing growing.

Spinning Off...

Driven by the desire to improve internal operations and advance tenant services, real estate companies are seizing upon engineering marvels to advance in the new age.

B2B Internet

Whether its buying products, leasing space, or tracking cash, the Internet is swiftly becoming the way real estate companies get their business done.

Echoes of Elegance

When, in the 1930s, John L. Lewis, leader of the United Mine Workers of America proclaimed, "I have pleaded your case from the pulpit and from the public platform—not in the quavering tones of a feeble mendicant asking...

Still Affordable

Gates Mill Villa formerly in Mayfield Heights, OH, is a popular senior citizens complex.

Mega to the Max

Super-regional entertainment and value-oriented mega-malls are the hallmark of the Mills Corporation of Arlington, Va.

Making Connections

It's faster than a speeding bullet. Not Superman.

Telecommuting - Still a Balancing Act?

...telecommuting could be a good benefit for employees and tasked Feery with developing a formal policy for telecommuting.

Developing Value

Operating as a real estate developer and taking on joint ventures is keeping Cousins Properties Inc. moving ahead.

Hot! Hot! Hot!

Some regional markets are sizzling...

March/April 2000

At Your Service

... the real estate industry has evolved into a customer-oriented service business...

Shooting for the Green

Golf is booming in the U.S and Golf REITs are in a great position

Delivering Just in Time

AMB Property Corporation is finding new ways to make the supply chain more efficient and more profitable in the e-commerce era

Masters of their Domain

Real Estate is becoming increasingly complex and graduate schools are expanding programs to help professionals stay ahead of the curve