22.06.2009 - Trying to gauge the REIT rebound
From Nytimes.com: Real estate investment trusts have long been touted as good portfolio diversifiers because they typically don’t move in lock step with other financial markets. But REITs have hardly been impervious to the recent debacle on Wall Street. By early March, returns on property-owning REITs had plunged an average of 75 percent from their peak in February 2007.........Full Article: Source
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