2009-06-01 06:47:48
REITs are up over 50 percent since March. Why? Because they have factored in the future, refinanced, and become an intelligent place to invest.
Diana Olick from CNBC's article
REITS on a Run explains that commercial real estate, unlike housing, has not actually been overbuilt but was experiencing difficulties due to the economy and the credit markets. By responding to the realities of the market they have positioned themselves for growth in the future.
2009-06-10 10:01:26
REITs are investing and, as consequence, offer a good long term return for their investors. REITs, with their ability to respond to the market, are jumping in to purchase heavily discounted properties. Many have repositioned their captial structure over the past months, repaying debt and freeing cash, and are ready to invest.
Recent articles are bringing this to the attention of investors. David McIntyre in American Cronicle has an article,
Listed Real Estate Trusts Offer good Long Term Returns Says CBRD. The same article has been picked up in the
Brisbane Times.
2009-06-10 10:09:28
Investment specialists are finding that Canadian REITS are much stronger than their US peers. While credit markets are slow to recover in this fiscal environment, Canadian REITs were in a stronger position during the slump. The Canadian banking system and a stronger market in Canada has meant that these REITs have not suffered the pressure their American counterparts have had to endure.
The Globe Investor Article:
Canadian REITs stronger than U.S. peers cronicles the differences. The Globe's article
RioCan bucks the recession by Steve Ladurantaye provides a specific example of this trend.
