Commentary: Panic gives REITs attractive valuations

01/9/2009 | Seeking Alpha

REITs have some of their "most attractive valuations in decades," J.D. Steinhilber writes in a Seeking Alpha commentary. "At the end of November, the yield on U.S. REIT indexes exceeded the 10% level for the first time since 1991, and the spread to the 10-year Treasury yield reached 7.25%, the highest since 1974," he says.

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