Report: REITs offer refuge in financial crisis

10/23/2008 | CNBC

Global REITs may provide investors some cover from the financial crisis. The investors have been turning to the REITs after posting big losses in equities. "The shifts in the financial markets, combined with fears for the broader economy, have caused turmoil in the stock markets ... however in the midst of all the turmoil, REITs and REIT-like companies -- which are typically leveraged at around 40 percent -- have done surprisingly well," according to the latest Global Property & REIT report by Standard & Poor's.

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