CORRECTED: Quotes from the Real Estate Summit

Corrects John Jacobsson's third quote to read, "I can't think of any market in the world that isn't priced to perfection, as it were," instead of "No real estate market in the world is priced to perfection."

NEW YORK (Reuters) - U.S. real estate executives met at Reuters' U.S. headquarters on Monday to talk about trends affecting their companies and industries.

Following are some key quotes from the Reuters Real Estate Summit in New York.

JOHN JACOBSSON, MANAGING PARTNER, APOLLO REAL ESTATE ADVISORS

"There's a flood of capital going into places like India and China ... We decided to focus our attention on India."

"If you reduce the selling space, you recapture space that can be used for other purposes," he said referring to whether Apollo's Lord & Taylor stores were too large and could be scaled back, freeing up valuable real estate.

"I can't think of any market in the world that isn't priced to perfection, as it were. There's no global risk premium left in real estate."

ROBERT SPEYER, SENIOR MANAGING DIRECTOR, TISHMAN SPEYER

"At some point, the pendulum will swing back as the interest rate environment changes and they will be valued more favorably by the (stock) market," he said of the future for U.S. real estate investment trusts (REITs).

"India is probably the most interesting place in the world right now."

"We want to be able to service our clients wherever they are in major cities around the world -- so for us being in China is a very necessary ingredient of our business."

RICHARD KINCAID, CEO, EQUITY OFFICE PROPERTIES TRUST EOP.N

"There is just not a lot of space. You are just seeing really, really big rents popping up all over the place. I know the stuff we are working on, I just can't say. It is just ready to spike," he said of demand for office space in Manhattan.

"We've been thinking about going international, but it's hard to see a lot of opportunity right now. The issue is, you have to find a risk-adjusted return that makes sense."

DAVID NEITHERCUT, CEO, EQUITY RESIDENTIAL EQR.N

"We continue to see a great deal of traffic, a great deal of activity; we are retaining more tenants than we have in the past. We see no reason why we won't be able to continue to raise rents for some time," he said of the U.S. residential apartment market.  Continued...