Fitch Ratings' assessment of the outlook for REITs is generally favorable, reflecting the rating agency's growing level of comfort with the industry throughout 2010. "Back in June, we revised our outlook to 'stable' from 'negative,'" says Steven Marks, managing director and head of the U.S. REIT group for Fitch Ratings. "That was driven in large part by strong liquidity and access to capital. Since June, it has only gotten stronger in terms of REITs' access to the equity markets and an improved macroeconomic outlook. I think the liquidity positions of most REITs are really strong."
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