Physicians Realty Trust completed its $120 million dollar IPO in July, and the REIT is up 10% so far, John Thomas, president and CEO of Physicians Realty Trust, said at REITWorld 2013: NAREIT's Annual Convention for All Things REIT. "The market has been very receptive, and we've gotten a lot of great feedback," he said. Thomas explained the company's focus and the timing of the IPO.
REIT IPOs are returning after a brief pause, but the timing may not be perfect for them, writes Trepp's Susan Persin. "[T]he REIT sector remains volatile, influenced by interest rates and both domestic and international economic trends," she writes.