Analyst: REITs not a good buy despite low prices

10/14/2008 | Bloomberg Businessweek

Even as the stock market shows signs of life, now might not be the time to invest in REITs, which are down 21% for the year, Chris Palmeri writes in a Business Week commentary. Michael Kirby, director of research at Green St. Advisors, noted that REITs are yielding 5.5%, while corporate debt is yielding 7.8%. Meanwhile, commercial real estate could face more problems going forward.

View Full Article in:

Bloomberg Businessweek

Published in Brief: