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Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Some REITs flee IPO altar

Posted on 14 July 2010

From WSJ: When Weyerhaeuser Co. first disclosed it would become a real-estate investment trust last year, it looked like the forest-products provider would have lots of company.
Lured by strong gains in REIT stocks last year—the Dow Jones Equity All REIT index rose 31%, compared with a 24% rise in the S&P 500-stock index—a number of companies assembled plans to become a REIT……………………………………….Full Article: Source


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