09.07.2009 - US: Apartment REITs' good recovery profiles

From Barrons: Credit Suisse cites their financing advantages and economic sensitivity. With this report, Credit Suisse relaunches its coverage of U.S. real-estate investment trusts (REITs). We review four factors that we believe will occur over the next five years: (1) rising debt costs; (2) continued deleveraging; (3) declining earnings before interest, taxes, depreciation and amortization with job losses; and (4) a low-supply rent recovery for the apartment sector........Full Article: Source

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