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  "documentTitle": "US REIT sector (15 underperforming large-cap REITs)",
  "authorId": "26_Land_and_Buildings",
  "authorName": "Land and Buildings",
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  "presentationDate": "2025-06-01 00:00:00",
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      "text": "KEY POINTS: 15 REIT CEOs have consistently underperformed their proxy peers, yet their executive compensation was rarely adjusted. Executives should be subject to the same review standards... Shareholders can best express their frustration...",
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      "text": "Shareholders can best express their frustration by voting against the compensation committee members and say on pay",
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      "text": "Executive compensation: a topic guaranteed to ignite passionate discussions... Our analysis of 59 REITs over $4 billion equity market cap for the 2025 proxy season revealed a troubling pattern...",
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      "text": "See \"Legal Disclosure\" at the end of white paper for additional disclosures",
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      "kind": "title",
      "text": "THE EXECUTIVE COMPENSATION CONUNDRUM: HOW MUCH IS TOO MUCH?",
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