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Real estate investment trust

Article Abstract:

The real estate investment trust (REIT) industry suffered a blow when the Congress repealed the tax benefits for "paired-shared" REITS, and much of the legislation concerning REITs is expected to be changed in the future. The economic performance of REITs has not been good in the 1990s, although few have lost money, and the industry has become defensive. There are several future scenarios for REITs which investors must consider.

Author: Brophy, Theresa, Ferro, Mario, Romaine, Sigourney B., Azcue, Peter, Schlein, Milton, Feenan, Gerard, Gagas, Adam C.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
Weingarten Realty Inc., PTR, Security Capital Pacific Trust

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Real estate investment trust

Article Abstract:

Real estate investment trust industry stock prices have decreased for several quarters although a rebound was experienced in broad market indices during Jul 1998. Higher property purchase prices and an economic slowdown are attributed to the change in investment strategy by institutional investors. Even a decrease in interest rates did not stop the increase in sales.

Author: Brophy, Theresa, Ferro, Mario, Romaine, Sigourney B., Azcue, Peter, Schlein, Milton, Feenan, Gerard, Gagas, Adam C.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
Economic aspects, Archstone Communities Trust, Weingarten Realty Investors

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Subjects list: Finance, Real estate investment trusts, BRE Properties Inc., Cambridge Shopping Centres Ltd., Equity Residential, Federal Realty Investment Trust, Kimco Realty Corp., Pennsylvania Real Estate Investment Trust, Rouse Co., TrizecHahn Corp., United Dominion Realty Trust Inc., Washington Real Estate Investment Trust, BRE, FRT, PEI, RSE, TZH, UDR, WRE, New Plan Realty Trust, NPR, Merry Land and Investment Company Inc., First Union Real Estate Equity and Mortgage Investments, MGI Properties, FUR, MGI, Simon DeBartolo Group Inc., Meditrust Cos.
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