Very encouraging email from our favorite mate.
suggesting that people are coming to realisation of the opportunity presented by the REIT sector.
Echoes Scottport's realestate article.
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" As you said bank stocks were down, more interesting was that REITs were all up on the DOW.
A little more research required by some obviously.
PSA (PUBLIC STORAGE) + 6.80%
VNO (VORNADO REALTY TRUST) + 8.19%
EQR (EQUITY RESIDENTIAL) + 8.70%
PCL (Plum Creek Timber Co. Inc. REIT) + 3.79%
HST (Host Hotels & Resorts Inc.) + 7.51%
BXP (Boston Properties Inc.) + 5.42%
PLD (PROLOGIS) + 2.97%
So the REIT sector was actually holding up the DOW, interesting.....
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- good sign on reit despite dow down last night
good sign on reit despite dow down last night
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