31.08.2010 - US REITs attract yield-hungry investors
From Bsinessweek.com: The U.S. commercial real estate market has so far averted the catastrophe that many strategists were predicting last year. Even after sales of existing homes plummeted 27 percent to record lows in July, threatening further home-price declines, analysts see commercial real estate values stabilizing. Vacancies for apartment buildings, office complexes, retail mall, and self-storage facilities are no longer rising meaningfully, rents are no longer falling, and many Real Estate Investment Trusts, the main vehicle for individual investors to participate in the sector, continue to reduce their debt loads..............................................Full Article: Source
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