| 04.06.2009 - REITs in U.S. may raise $582 bln for acquisitions |
| From Bloomberg: Real estate investment trusts in the U.S. may raise about $582 billion by 2013 for acquisitions as competitors sell properties and values fall, the National Association of Real Estate Investment Trusts said. Publicly traded REITs will probably accumulate about $728 billion, including debt, for purchases, said Brad Case, vice president for research at NAREIT. The group expects the surplus capital to spark property buying by the middle of next year. ........Full Article: Source |