REIT returns recover from January drop

03/5/2010 | REIT.com

U.S. REIT returns have recovered from their 4.68% dip in January. The FTSE NAREIT All REIT Index gained 5.06% last month. "In February, REITs were well into reporting season," said Paul Adornato, a REIT analyst with BMO Capital Markets. "While fundamentals remain weak in most property types and in most regions of the country -- as expected -- REITs in general showed they were able to weather the financial turmoil of the last year and were making plans to go on the offensive."

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