Analysis: REITs may rebound within next few months

04/25/2008 | Morningstar

REITs and real estate stocks may bottom out within the next few months, according to Charles Dillingham, manager of CIBC Canadian Real Estate. His firm remains wary of potential layoffs in the financial services industry, which could hurt commercial real estate. "We are still staying only with top-quality companies because the system will remain challenged for a while," he said.

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