REITs in the Community: Joyce Visits Simon

02/22/2016

February 19, 2016 - Rep. David Joyce (R-OH), center, visited Simon Property Group's (NYSE: SPG) Aurora Farms Premium Outlets located in Aurora, OH. Rep. Joyce was joined in his visit by Aurora Mayor Ann Womer Benjamin, right, who expressed strong support to Rep. Joyce about Aurora Farms and its economic impact to the local Aurora community. Lisa Kusner, General Manager, Aurora Farms, left, conducted the tour and discussion with Rep. Joyce, a member of the powerful House Energy and Commerce Committee, which included the e-Fairness issue and the need for Congress to resolve the matter this year.

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What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.