Retail REITs posted their worst yearly decline on record in 2008, and for good reason. Consumers snapped their wallets shut on dollars faster than a Venus Flytrap in a Stephen Goldblum movie.
Does This Mean Opportunity in Retail REIT land?
Nevertheless, money never made more money sitting under a mattress. For the risk tolerant among ya, this Bloomberg vid suggests there are at least three attractive long term retail REIT investments, they are: Simon Property Group (SPG), Regency Centers (REG), and Weingarten Realty (WRI).
Click here for a list of Retail REITs, including current yields. If you weren’t already aware of it, many REITs (caveat emptor) are now paying dividends in even more depressed stock. Click here for a list of REITs paying dividends in stock.
Disclosures: None at the time of publication
retail reits, reits, reit
ShareThis
