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With Rates Down, Equity REITs Are Looking Up · Comment RightSide Advisors: Average REIT yields in the U.S., Canada and Australia now significantly exceed average yields for bank CDs and U.S. Treasuries. Whether you’re nearing retirement or just seeking some income for your portfolio, REITs are increasingly worth looking into Overlooked Way Into Real Estate · Comment Global Pensions: REITs have come a long way in 15 years and offer investors advantages over traditional forms of real estate investment. However, this does not seem to have translated into popularity among investors. Andrew Sheen investigates why Analyst Upgrades Apartment REIT Sector · Comment Forbes: A Keefe, Bruyette & Woods Inc. analyst upgraded his stance on the apartment real estate investment trust sector to “Neutral” from “Underweight” based on its strong first quarter and improving fundamentals in the marketplace. At Hatteras, A REIT Bet That The Mortgage Mess Has A Silver Lining · Comment USA Today: While the bad economic news is still out there, at least one REIT is betting that the mortgage crisis yet has an untapped silver lining — and went public Tuesday to prove it. General Growth Posts Drop In 1Q Results, But Beats Estimates · Comment Forbes: Mall real estate investment trust General Growth Properties Inc. said its first-quarter funds from operations dropped nearly 55 percent, but beat Wall Street’s expectations. Washington REIT "Outperform," Target Price Raised · Comment New Ratings: Analysts at RBC Capital Markets reiterate their “outperform” rating on Washington REIT (WRE), while raising their estimates for the company. The 12-month target price has been raised from $36 to $39. Build, Don't Buy · Comment Forbes: The housing market stinks. That’s just fine with apartment magnate Bryce Blair and with shareholders in his REIT. REITs At The Mercy Of Debt Markets · Comment CoStar: REITs have been disproportionately hit by the credit woes. Loans to finance leveraged buyouts stopped abruptly, removing a positive catalyst for the REIT market (REITs had been a prime target of private equity investors). In addition, the credit crunch increased the possibility of a U.S. economic recession, fueling worries over underlying fundamentals for real estate… Hong Kong Hotel REIT shelved amid weakness · Comment Battered by the poor market sentiment, Hong Kong Hotel Real Estate Investment Trust has postponed its initial public offering, while two other listing candidates are agonizing over whether to shelve their IPOs… What Is A REIT Anyhow? · Comment REITs are like those books that everybody quotes but nobody has read. So, let’s just say that a Real Estate Investment Trust (REIT) is like a mutual fund that deals only in real estate investments… |
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