REITs raise $22 billion so far, NAREIT says

07/12/2010 | Housing Wire

REITs have raised $22 billion in debt and equity capital offerings this year, according to a midyear report by the National Association of Real Estate Investment Trusts. As a whole, the industry owns $500 billion in real estate assets. "Through their skilled management teams, high-quality assets and strong dividends -- which over longer periods have accounted for nearly two-thirds of total returns -- REITs have consistently provided outstanding long-term performance for their investors," NAREIT President and CEO Steven Wechsler says.

View Full Article in:

Housing Wire

Published in Brief: