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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Kitskid who wrote (269)12/14/1999 6:04:00 AM
From: David Culver  Read Replies (1) | Respond to of 11633
 
Thanks for the post. These REITS seem certainly out of favour. RIOCAN at these prices should yield 13 % and some of the resource funds will be higher.

dave



To: Kitskid who wrote (269)12/28/1999 12:20:00 AM
From: Kitskid  Read Replies (2) | Respond to of 11633
 
From theStreet.com site.

thestreet.com

<snip>

Real Estate Funds

Real estate prices aren't dropping, but share prices in real estate investment trusts, or REITs, are plummeting. Typically offering modest returns with significant income, REIT funds returned more than 30% in 1997 and have been dropping ever since.
But they could be poised for an upswing. High-profile value investors such as Warren Buffett are buying REIT shares, and conservative investors also could come calling because REITs offer high income.