REITs outperforming market so far in 2008

06/3/2008 | InvestmentNews (free registration)

REITs have outperformed other major market benchmarks during the first five months of 2008. REITs on the FTSE NAREIT All-REIT index rose 6.5% while equity REITs rose 8.2% for the five months ended May 31. The S&P 500, meanwhile, fell 3.8% during the same time period, while the Nasdaq Composite Index fell 4.9%.

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