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Some REIT’s like the smallest spaces

Posted on 13 October 2008

From IHT: ALL may not be completely grim in the investment world. Even in the throes of what some are calling the worst financial crisis since the Great Depression, some U.S. real estate investment trusts — those owning apartment buildings and self-storage facilities — have held up better than most stocks.

For the year through last Thursday, the storage sector was down by 4.3 percent, while apartments slid 14.15 percent. The broader universe of equity REITs, meanwhile, suffered a 29.6 percent decline, while the Standard & Poor’s 500-stock index plunged 38 percent….. Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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