Brown: REITs could post 10% total return in 2010

06/29/2010 | REIT.com

Steve Brown, portfolio manager of American Century Investments, is bullish about REITs in general and in particular is expecting strong growth for 2010. "REITs are superior to other forms of real estate -- they have better management teams, assets, balance sheets and governance than other forms of real estate," he said. At a minimum, he is projecting a 10% total return for 2010.

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