Key REIT index is up 31% in 2009

12/30/2009 | Wall Street Journal, The

The Dow Jones Equity All REIT Total Return Index has risen 31% for the year, eclipsing the Standard & Poor's 500 Index, which was up 25%. The rise of REITs did not erase a 38% decline in 2008. "It's been very much a roller-coaster ride this year. And we're about to end this year on a high note," said Alexander Goldfarb, an analyst with Sandler O'Neill & Partners.

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Wall Street Journal, The

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