Recruitment firm Ferguson Partners released a report showing that the real estate investment trust (REIT) industry is lagging behind others in improving gender diversity on boards in both the United Kingdom and United States. The report examines data collected from 40 U.S. and the 30 U.K. REITs to find out how the industry measures up regarding female representation in the boardroom.
The research showed that when the top U.K. and U.S. REITs board of directors were compared to S&P 500 and FTSE 100 companies’ boards, REITs underrepresent women directors and executives. Women comprise 12.6 percent of U.S. REIT boards is 12.6 percent and 13.4 percent of U.K. REIT boards.
