REITs’ Wallets To Remain Wide Open in 2014 – CoStar Group
The nation’s REITs look to continue to be big spenders again in 2014, with the projected pace of acquisitions and expenditures on new development running almost 60% higher than their pace of projected dispositions.
The majority of REITs have now posted their year-end earnings and provided 2014 guidance outlines. Based on CoStar’s research from those reports, it’s clear they continue to plan to be very active in the capital and investment markets. While not all REITs provide full 2014 guidance on their acquisition, disposition and development pipeline, about one-third of the publicly traded equity REITs do.