1. Real estate investment trust
- Author
-
Baade, Jeffrey J., Bischof, Christopher W., Gendler, Larry S., and Jacapraro, Robert
- Subjects
BRE Properties Inc. -- Finance ,Cambridge Shopping Centres Ltd. -- Finance ,Equity Residential -- Finance ,Federal Realty Investment Trust -- Finance ,First Union Real Estate Equity and Mortgage Investments -- Finance ,MGI Properties -- Finance ,Merry Land and Investment Company Inc. -- Finance ,New Plan Realty Trust -- Finance ,Pennsylvania Real Estate Investment Trust -- Finance ,Property Trust of America -- Finance ,Rouse Co. -- Finance ,Santa Anita Operating Co. -- Finance ,Simon Property Group Inc. -- Finance ,United Dominion Realty Trust Inc. -- Finance ,Washington Real Estate Investment Trust -- Finance ,Weingarten Realty Inc. -- Finance ,Real estate investment trusts -- Finance ,Business ,Business, general - Abstract
The Federal Reserve Board's decision to increase interest rates in 1994 damaged the strength and stock prices of real estate investment trusts (REITs), and this trend will continue as long as the Fed maintains a tight monetary policy. The extremely low prices of some REITs might be attractive to investors, and real estate fundamentals will be good in 1995. However, investors should be prepared for lower yields and falling stock prices unless interest rates begin to fall.
- Published
- 1995