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New legislation signed into law by President Barack Obama on June 23 authorizes the administrators of the Thrift Savings Plan (TSP), the federal government's defined contribution retirement program, to expand participants' investment options, potentially including distinct REIT funds.
The U.S. Green Building Council (USGBC) announced June 25 that it will require recurring performance reports for buildings to receive LEED certification, a benchmark for sustainability in the commercial real estate industry.
A survey of investment professionals ranked REIT CEOs Richard Clark and David Simon among the top chief executives in the United States.
New data from the Moodys/REAL Commercial Property Price Indices (CPPI) indicate that commercial real estate prices experienced their largest drop ever in April, falling nearly 9 percent for the month.
In the first quarter of 2009, worldwide private equity fundraising for real estate ventures reached its lowest point since 2004, according to new data from alternative asset research firm Preqin.
Despite the losses sustained by REIT portfolios during the worldwide economic slowdown, investors remain bullish on global REITs for the long term, according to speakers at REITWeek 2009: NAREIT's Investor Forum.
John Glascock and Shaun Bond are colleagues in the finance and real estate department of the University of Cincinnati College of Business. Glascock has published more than 50 research articles on real estate and REITs, while Bond has published more than 20.
NAREIT has announced the winners of its NAREIT CARE Awards: Investor Communications & Reporting Excellence.