REIT outlooks predict modest gains in 2008

12/31/2007 | CNNMoney

According to Lehman Brothers' 2008 REIT Outlook, the sector will probably drop before it bottoms out as the economic slowdown and issues in the credit and housing markets are negatively affecting REITs. However, for the year, the bank's analysts predict returns of 5% to 7%. Fitch Ratings, however, offers a slightly more positive outlook with a stable rating.

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