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Real Estate Portfolio is the recipient of the 2006 SNAP EXCEL Gold Award for Single Topic Issue

features
Growing Green
Environmentally friendly building practices slash operating costs and increase ROI while attracting new investors.
Stellar Performance
For a seventh straight year, real estate funds outperformed in 2006. Crossing Boundaries
Kimco Realty Corporation steps outside the box to adapt and grow.
cover


TAKING STOCK
Progress in the Policy Arena

EDITOR'S DESK
Green Machine

DEVELOPMENTS
Bidding rivalry; Canadian firm harvests timber company; a block of “writers”; DC plans vote for real estate; Moody’s bright RIDEA; ciao REITs; Block’s adieu; tradewinds for the Windy City

FOUR QUICK QUESTIONS
With Wachovia Securities' Lawrence Gray

ONE-ON-ONE
With Host Hotels & Resorts’ Christopher Nassetta

REIT SNAPSHOT
Watson Land Company builds on a king’s legacy

SECTOR SPOTLIGHT
Self-storage REITs expand beyond mom-and-pop roots

CAPITAL MARKETS
Q&A with Richard Lehmann, Forbes columnist

WINDOW ON WASHINGTON
Rep. Charles Rangel

FROM THE RESEARCH DESK
Further proof: investment in REITs diversifies portfolios, hedges inflation; the value of the S&P 500; property sales improve asset allocation, increase stock prices

INSIDER INSIGHT
Barry Vinocur, editor of the REIT Wrap, on M&A

PROFESSIONAL PERSPECTIVES
Ten M&A trends to watch in 2007

FUND FOCUS
Profile of John Wenker and Jay Rosenberg, First American Real Estate Securities Fund

NAMES TO NOTE
People making news and moves in the REIT and publicly traded real estate industry

IN CLOSING
Real estate or equity? Revisiting an old conundrum


Real Estate Portfolio® is the magazine for REITs and real estate investment.

It is published bimonthly by the National Association of Real Estate Investment Trusts® (NAREIT),
1875 I Street, NW, Suite 600, Washington, DC 20006–5413.
Phone 202-739-9400.