Videos and Interviews
Jul 18, 2018
European Real Estate Returns Outpace U.S. Returns Compared to Local Bond Rates
Cedrik Lachance, director of REIT research, compares real estate returns in Europe and in the U.S. and finds Europe more attractive. Although comparing real estate valuation globally is widely challenging, Cedrik leans on Green Street’s unique ability to spot investment opportunities to identify three sectors that stand out as having the best risk-adjusted return expectations.
Jun 21, 2018
Craig Leupold Expects Increased M&A, Privatization Activity
In a recent interview, CEO Craig Leupold shares views on valuation, interest rates, and activism. He describes Green Street’s evolving valuation approach with the addition of implied IRRs made possible by the new Real Estate Analytics product line. On the topic of rising rates, Craig notes that while real estate can be a decent inflation hedge, higher rates have recently proven to be a relative headwind for REITs and real estate. Finally, Green Street sees rising M&A and privatization activity reducing the number of REITs in the short-term.
Jun 19, 2018
Increased M&A and Spectacular Tailwinds for Industrial
Eric Frankel, lead analyst on Green Street’s Industrial team, discusses how increased M&A activity in industrial real estate speaks to amazing institutional investor demand. Green Street’s outlook remains bullish as ecommerce continues to produce some pretty spectacular tailwinds. On the supply side, Eric anticipates challenges developing properties in large population centers, buffeting the team’s rent growth forecast.
Apr 23, 2018
Managing Director DJ Busch on How Retail REITs Can Distinguish Themselves
DJ Busch, lead analyst for Green Street’s retail team, said that owners of retail real estate with ample access to capital will be better positioned to separate themselves from the rest of the pack for the changes to come. In general, the bar is getting higher on what qualifies as quality in the retail space.
Apr 19, 2018
Mike Kirby at the NYU Schack 23rd Annual REIT Symposium
Mike Kirby was featured at a recent NYU industry conference. In a ~15-minute interview, he shared his views on timing inflection points, Green Street’s contrarian view on valuation, and the outlook for malls. Mike expressed his disappointment in REIT corporate governance practices, and his perspective on index funds in the REIT market. Taking questions, Mike affirmed Green Street’s confidence in the signaling power of the public market in the face of increasingly passive ownership of publicly-traded real estate.
Mar 7, 2018
Interview with Green Street’s Executives on Real Estate and Capital Markets
In this in-depth interview, Craig Leupold and Jim Sullivan share insight on Green Street’s approach to research, the outlook for commercial property, public-private market pricing, M&A, capital flows and more.