November 22, 2008
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NAREIT: REIT Returns Continue to Exceed Broader Market as Recovery Continues Upward Path

REITs continue to greatly exceed the performance in the broader market as REIT returns remain on an upward path following the market bottom in February, according to the National Association of Real Estate Investment Trusts (NAREIT).

Washington, D.C. (PRWEB) October 6, 2008 -- REITs continue to greatly exceed the performance in the broader market as REIT returns remain on an upward path following the market bottom in February, according to the National Association of Real Estate Investment Trusts (NAREIT).

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Even with the intense market unrest seen recently, the FTSE NAREIT Equity REIT Index is up 1.76 percent for the year, through Sept. 30. The FTSE NAREIT All REIT Index is down only 1.25 percent for the year.

By comparison, the broader market indexes have struggled through the first three quarters of 2008. The NASDAQ Composite is down 21.13 percent, the S&P 500 is down 19.29 percent, the Dow Jones Industrials is down 18.2 percent, and the Russell 2000 is down 10.38 percent

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Business - Podcast Date: Fri, 03 Oct 2008 14:09:18 -0700

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