Portfolio manager says REITs were unfairly sold off

05/20/2008 | InvestmentNews (free registration)

Joseph Betlej, vice president of Advantus Capital Management Inc. and portfolio manager of the Ivy Real Estate Securities Fund, believes REITs are a strong play in the current market. "They're not writing off billions of dollars of assets; they're growing their incomes," he said. But selecting the right REIT is crucial, Betlej said.

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