2023 REIT Say-on-Pay Recap: Despite Share Price Challenges, Support Remains Relatively Flat

Despite share price challenges, say-on-pay support remains relatively flat.

In 2023, despite facing share price challenges and declining sentiment in the real estate sector, self-managed REITs experienced a marginal uptick in average support. This sustained support demonstrates investors’ recognition of the long-term value and strength of REITs, even during challenging times. ISS continues to emphasize comprehensive disclosure particularly as it relates to incentive programs, highlighting the importance of implementing robust and transparent compensation structures aligned with ISS and stakeholder expectations.

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To continue reading, download a PDF of the full 2023 REIT Say-on-Pay Recap.

For additional information, please contact Katie Gaynor.

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