Gives a very positive view of the sector, pls read the whole thing but here are a few quotes.
"REITs traded at about a 12 percent discount to net asset value as of Oct. 5, the largest since early 2009, according to Jim Sullivan, a managing director at Green Street Advisors in Newport Beach, California. "
and then
" U.S. commercial property values were unchanged in September from the previous month, according to a Green Street index. While values are still 9 percent below their August 2007 peak, they’ve gained 48 from the bottom reached two years ago. REITs should do well even in a slow-growing economy because the companies own high-quality real estate in good locations, and a lack of new supply should help boost occupancy rates, Moore said. "
All this whilst our little de-risked nugget is trading at a 50% plus discount to assets.