5/2/2019 | By Nareit Staff
Ross Prindle, managing director and global head of the real estate advisory group at Duff & Phelps, participated in a video interview at Nareit’s REITwise: 2019 Law, Accounting & Finance Conference in San Antonio.
Prindle gave a brief overview of how the new lease accounting standards will impact REITs. He also said he expects the redevelopment of malls, in response to ecommerce, to continue to be a dominant theme over the next year.
As for REIT valuations over the next 18 months, Prindle said he is “pretty positive about REITs going forward,” with opportunities particularly evident in asset classes such as retail that have been “unfairly punished” by the market.