This year’s economics Nobel Prize has gone to Oliver Hart and Bengt Holmström, for their work on the theory of contracts. It’s about incentives, and imperfect information, and long-term relationships. But it’s related to lots of real-world economic issues — performance pay, mergers and acquisitions, and bank lending.
REIT executives, industry analysts, and portfolio managers gathered to discuss the state of the industry during a lunch general session on the first day of REITworld: 2019 Annual Conference in Los Angeles.
Moderated by A. William Stein, CEO of Digital Realty Trust, Inc. (NYSE: DLR), topics under consideration included the economy, mergers and acquisitions (M&A), valuations, and industry disrupters.