REIT Bulletin

Nareit is pleased to welcome Intapp as an inaugural participant in its 2026 PropTech and Innovation Partnership, a new pilot initiative designed to connect REITs and real estate industry professionals with technology companies and thought leaders shaping the future of commercial real estate. Intapp provides AI-powered software and solutions for professional and financial services firms, including real estate and real assets firms.

Australia’s Resolution Capital worked with a European client with an existing private diversified real estate portfolio to enhance the liquidity, efficiency, and diversification of its real estate portfolio by adopting a global listed real estate securities sleeve. Historically, the client’s portfolio was anchored in private real estate, primarily in its home market.

Allan Swaringen, CEO of JLL Income Property Trust, joined the REIT Report to discuss the growing role that NAV REITs play, alongside listed REITs, in enabling leading wealth management firms to diversify portfolios beyond traditional equities and fixed income. JLL IPT is an institutionally managed, daily NAV REIT advised by LaSalle and sponsored by JLLwith approximately $7 billion in portfolio equity and debt investments. Swaringen is chair of Nareit’s Public Non-Listed REIT Council.

A recent Nareit commentary noted that REIT operational strength has underpinned the sector’s strong investment performance. Well-structured balance sheets have also allowed REITs to continue to operate from a position of financial strength. This discipline is expected to fuel future REIT investment gains and growth opportunities. The chart above compares REIT balance sheet metrics from Nareit’s REIT Industry Tracker for the second quarters of 2025 and 2026.

REITs have delivered strong investment performance thus far in 2026. As of Aug. 20, the FTSE Nareit All Equity REITs Index posted a total return of 16.9%, besting the Russell 1000 Index by 4.4 percentage points. Strength in REIT operations underpinned this robust total return performance.

Nareit is pleased to welcome a new corporate member. Dallas-based Sonida Senior Living, Inc. is one of the largest, pure-play owner-operators and investors in U.S. senior living communities, with a focus on independent living, assisted living and memory care communities and services for senior adults. The Company provides compassionate, resident-centric services and care as well as engaging programming at the senior housing communities we operate.

Sigrid Zialcita, CEO of the Asia Pacific Real Assets Association (APREA), joined the REIT Report during Nareit's REITweek: 2026 Investor Conference in New York earlier this summer to highlight the long-term investment opportunities in both developed and emerging markets in the Asia Pacific region. Zialcita described a "balanced opportunity set across Asia Pacific.

Stock-based equity benefits that are common for executives and senior management are generally far more limited for the broader employee and property-level workforce. Lineage, Inc. (Nasdaq: LINE) is one REIT that’s working to change that. Following its 2024 IPO, Lineage shared a one-time award of stock or restricted stock units (RSUs) to eligible team members. Named “Starting LINE Awards” in honor of the company’s new ticker symbol, the awards were issued to approximately 22,000 global team members.

Brian Finnegan, CEO of Brixmor Property Group Inc. (NYSE: BRX), joined the REIT Report podcast to highlight the positive environment for open-air retail—supported by consumer resilience and strong tenant performance—and the REIT’s ongoing efforts to reposition assets to capitalize on those favorable conditions. Finnegan has served as president and CEO since January and has held a range of positions since joining a predecessor of Brixmor in 2004.

By Todd Feist, Director, Sustainability Programs, IREM® What is GRESB and the GRESB Real Estate Assessment? GRESB is a global ESG assessment and benchmarking system for real assets. It provides standardized, validated sustainability data that investors and managers use to compare performance and inform decisions.