Winners Chosen by Analysts, Portfolio Managers From Field of 200+ REITs
NEW YORK, June 6, 2018 – Nareit today named the winners of its 2018 Investor CARE Awards at its annual REITweek investor forum in New York. The Investor CARE Awards – recognizing communications and reporting excellence – are presented annually to the stock exchange traded REITs that have demonstrated superior performances in shareholder communications. All Nareit listed corporate members – approximately 200 companies – are evaluated for the awards each year.
Gold, Silver and Bronze Awards were presented this year to equity REITs in two categories: Large Cap and Small Cap companies. A single Gold Award was presented in the mREIT category. Judging criteria consisted of online presence, including a company’s web site; quality of SEC filings; and investor relations practices, including the quality of earnings calls and management’s accessibility to investors.
In the Large Cap equity REIT category, the Gold Award was presented to Alexandria Real Estate Equities, Inc. (NYSE: ARE). The Silver Large Cap winner was Camden Property Trust. (NYSE: CPT), and the Bronze Large Cap Award was presented to Brixmor Property Group, Inc. (NYSE: BRX).
In the Small Cap Equity REIT category, this year’s Gold Award was presented to Acadia Realty Trust (NYSE: AKR). TIER REIT, Inc. (NYSE: TIER) won the Silver Award and Easterly Government Properties (NYSE: DEA) captured the Bronze Award.
In the mREIT category, the Gold Award was presented to Starwood Property Trust (NYSE: STWD).
“The REIT industry has long been recognized by investors for its financial transparency and the accessibility of its management teams to their shareholders,” said Nareit President and CEO Steven A. Wechsler. “The investor communications programs of this year’s Nareit Investor CARE Award winners demonstrate those qualities exceptionally well, and we congratulate them.”
This year’s Nareit Investor CARE Award judges included: the Chilton Capital REIT team, including Bruce G. Garrison, Matt Werner, Blane Cheatham and Parker Rhea; David Loeb of Dirigo Consulting, LLC; Sheila McGrath of Evercore ISI; Gautam Garg of Lazard Real Estate Funds; Merrie S. Frankel of Minerva Realty Consultants, LLC; the PGIM Real Estate Team and Keven Lindemann of S&P Global Market Intelligence.