REIT share prices may have sunk as low as they're going, according to a Dow Jones Newswires analysis. The bottom may have been reached partially because of the secondary equity issuance frenzy undertaken by many REITs. REIT prices are up 55% since March 6. Michael Grupe, executive vice president of research and investor outreach at NAREIT, said the REIT rally indicates that investors "are looking beyond the current weakness in fundamentals."

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