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REITs at 65: Phillips Edison CEO Says Aggressive Growth Possible Because of REIT Structure
Jeff Edison, chairman and CEO of Phillips Edison & Co., Inc. (Nasdaq: PECO), joined the REIT Report to celebrate 65 years of REITs. He noted how the REIT structure has allowed PECO to efficiently raise capital in both the retail and institutional markets, enabling it to pursue aggressive growth and become one of the largest owners and operators of grocery-anchored shopping centers today.
PECO was founded in 1991 and operated as a public non-listed REIT before its IPO in 2021.
Edison noted that the REIT structure has made investing in real estate accessible to everyone. “PECO's investors can…
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