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NAREIT, AMAC Hold Seminar on REIT Investment in China

According to REIT.com:  Earlier this month, 2016 NAREIT Chair Ed Fritsch, president and CEO of Highwoods Properties (NYSE: HIW), led a delegation of senior executives and U.S. REIT industry stakeholders on a trip to China for a series of events with investors and regulatory officials.

Joining Fritsch from NAREIT were Steve Wechsler, president and CEO; Michael Grupe, executive vice president for research and investor outreach; and Bonnie Gottlieb, senior vice president for industry and member affairs. The delegation also included former U.S. Secretary of Commerce Carlos Gutierrez, chair of Albright Stonebridge Group; Michael McTiernan, partner with Hogan Lovells and former assistant director of the division of corporation finance of the Securities and Exchange Commission; Ray Beeman, principal with Washington Counsel Ernst & Young and former tax counsel and special advisor for tax reform with the House Ways and Means Committee; Peter Verwer, CEO of the Asia Pacific Real Estate Association (APREA); Mark Howard-Johnson, managing director and global head of real estate securities management with BlackRock; Jon Cheigh, executive vice president with Cohen & Steers; and Jim Sullivan, president of advisory and consulting with Green Street Advisors.

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The delegation attended the annual conference of the China REITs Alliance, with which NAREIT entered into a cooperative relationship in 2014. Wechsler delivered one of the keynote speeches at the event, while Fritsch participated in a panel on distinguishing “real REITs” versus “quasi-REITs.”  Howard-Johnson and Sullivan appeared on a panel that examined institutional investors’ views on REIT investment.

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To view the full article on REIT.com, click here.