BlackRock's REIT Playbook

June 29, 2026 | Hoya Capital

BlackRock's REIT Playbook - Hoya Capital Real Estate Webinar 2026-06-29 In this REIT webinar, David Auerbach is joined by BlackRock’s active real estate securities team, Raj Rehan and Curtis Yee, for a wide-ranging discussion on the public real estate market, listed REITs, private real estate, interest rates, AI, capital markets activity, and the evolving outlook for the sector. The conversation covers why listed real estate has begun to regain momentum after several challenging years, how public and private real estate markets compare over time, and why REITs may offer a more dynamic opportunity set than traditional private real estate allocations.

Raj and Curtis discuss the role of valuation discounts, capital recycling, buybacks, IPO activity, M&A, and the ability of public REITs to monetize market dislocations in ways that are often unavailable in private markets. The discussion also explores major macro and sector themes shaping real estate today, including higher interest rates, inflation, tariffs, geopolitical uncertainty, AI-driven demand, data centers, office recovery, healthcare, apartments, towers, retail, and broader capital markets activity.

Topics include: Public vs. private real estate performance Why listed REITs may be positioned for a catch-up trade The case for active management in real estate securities How REITs use buybacks, asset sales, issuance, and acquisitions AI’s impact on office demand, data centers, power, water, and infrastructure Why real estate fundamentals may be stronger than market sentiment suggests Recent IPO and M&A activity across the REIT sector What keeps BlackRock’s real estate team focused in today’s market About Hoya Capital Hoya Capital Real Estate ("Hoya Capital") is a research-focused Registered Investment Advisor headquartered in Rowayton, Connecticut.

Founded with a mission to make real estate more accessible to all investors, Hoya Capital specializes in managing institutional and individual portfolios of publicly traded real estate securities, focused on delivering sustainable income, diversification, and attractive total returns. Focused on Real Assets, REITs, Dividend Growth, High Yield, & ETFs. For more information, visit www.HoyaCapital.com. ...