Nordby: REITs' current performance is part of a long-standing trend

11/1/2010 |

REITs will continue to post the strong growth that they have been exhibiting for the year, predicts Hans Nordby, director of advisory services for Property and Portfolio Research. "In the long run, share prices are driven by FFO growth," he says. "REITs are well positioned to grow FFO over the next several years, as steady recovery in employment and retail sales combine with almost no new supply, at the same time as debt costs are expected to remain low."

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