REIT values in the eye of the beholder
Hudgins, Matt
REIT values in the eye of the beholder - 2006 - National Real Estate Investor 47(10) 2005, 21-28(6) .
Over the last five years REITs have enjoyed rising share prices that insulated them from the rapid fluctuations common to other securities. They have managed to outperform every major index, with the exception of the NASDAQ's 50% return in 2003. However, REIT shares in 2005 are beginning to show signs of vulnerability. For instance, while they continue to outperform broad indices, a 9% loss in August suggested that they have begun to fluctuate.
REIT values in the eye of the beholder - 2006 - National Real Estate Investor 47(10) 2005, 21-28(6) .
Over the last five years REITs have enjoyed rising share prices that insulated them from the rapid fluctuations common to other securities. They have managed to outperform every major index, with the exception of the NASDAQ's 50% return in 2003. However, REIT shares in 2005 are beginning to show signs of vulnerability. For instance, while they continue to outperform broad indices, a 9% loss in August suggested that they have begun to fluctuate.