REITs' strong performance is 'a bit of a surprise'

06/25/2010 | USA Today

There are a few key reasons why REIT returns are besting the general stock market: Many investors believe the industry has reached bottom and many REITs have successfully tapped equity markets to recapitalize. Now the industry is waiting for the next stage of the recovery. "If the economy continues to improve, we expect that vacancy rates will start to come down and see occupancy picking up," says Steve Shigekawa, co-manager of Neuberger Berman Real Estate fund.

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