The Real Estate Equity Securitization Alliance (REESA), a global alliance of REIT associations, held its fall 2024 semiannual meeting in Berlin on Sept. 16. Leveraging the long-standing infrastructure of its members—which include Nareit’s global counterparts from Asia Pacific, Australia, Canada, Europe, Japan, and the U.K.—REESA helps to promote, protect, and expand REITs around the world.
The main areas of focus during the fall meeting were: strategic opportunities for REESA to scale its reach and impact to further advance the REIT regime globally over the next 3-5 years; and the impact and influence of the global geo-political landscape, including shifting views and dynamics around sustainability, the global impact of inflation, and the cost of living and capital on the REIT/CRE industry.
Most recently, REESA has been expanding its engagement, thought leadership and partnerships to be more inclusive and supportive of REIT associations from smaller, emerging, and developing markets and countries by way of Global REIT CEO Association roundtables. The REESA meeting in Berlin was immediately followed by a roundtable meeting with Global REIT CEO Association leaders from other European countries and South Africa.
REESA is comprised of the following members and meets bi-annually:
- S. Michael Brooks, Real Property Association of Canada (REALPAC)
- Tateyuki Ikura, Association for Real Estate Securitization (ARES)
- Melanie Leech, British Property Federation (BPF)
- Dominique Moerenhout, EPRA
- Steve Wechsler, Nareit
- Sigrid Zialcita, Asia Pacific Real Assets Association (APREA)
- Michael Zorbas, Property Council of Australia (PCA)
The next REESA meeting is slated to be held in the spring of 2025 in Washington, D.C.