In the latest episode of The REIT Report: NAREIT's Weekly Podcast, Gabe Buerkle and Michael Hudgins of EII Capital Management talk about the importance of sustainability in the eyes of real estate investors.
EII recently published a report on the evolution of sustainability programs at REITs.
Hudgins said some real estate investors still show some concern about the return on investment in green technologies and business practices. He noted that in the case of major public pension plans, regulatory hurdles can actually prevent them from investing in companies implementing sustainability programs if the fund managers believe it could mean sacrificing returns.
In the latest episode of the NAREIT Podcast, Michael Hudgins, managing director and global strategist with EII Capital Management, discussed some of the major stories in real estate investment at the moment, including REIT valuations, the demand for real estate and the impact of secular factors on the U.S. real estate market.
After the FTSE NAREIT All REITs Index posted a total return of 27.2 percent for 2014, compared to a return of 13.7 percent for the S&P 500 Index, what should investors expect from the REIT market in 2015? REIT magazine recently spoke with the portfolio managers of some of 2014’s top-performing REIT mutual funds for their insights and expectations. Against the backdrop of broad-based gains, how did they stand out from the crowds, and where are they looking for growth in 2015?
Participants in the roundtable, all for whom outperformed the overall REIT index, included: Thomas Bohjalian, executive vice president at Cohen &Steers; T. Ritons Ferguson, CEO, co-CIO of CBRE Clarion Securities; James Murray, portfolio manager at Phocas Financial: Al Otero, managing director at EII Capital Management; and John Vojticek, managing director at Deutsche Asset & Wealth Management.