NAREIT Submits Testimony Opposing Hawaii Proposal

NAREIT submitted testimony last week to the Hawaii House of Representatives Committee on Finance opposing a proposal directing two state agencies to prepare a study of REIT activities in the state (S.B. 118, S.D. 1, H.D. 1).

NAREIT noted that REITs have invested approximately $6 billion in real estate in Hawaii.

CLICK HERE to read all testimony submitted to the committee.

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The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.