Real Estate Investment Trusts (REITs) are companies that investdirectly in commercial real estate properties, but whose sharestrade as stocks on the major exchanges. As the interest in REITsgrows, so does the demand for a comprehensive, dependable, yet accessibleresource for understanding these investments. The newly revised andupdated Investing in REITs: Real Estate Investment Trusts, FourthEdition does exactly that.
Widely known as the book on real estate investmenttrusts for the sophisticated investor, this variant providesup-to-date info and discusses industry trends. Written byREIT investment expert Ralph L. Block, it looks at all the keydevelopments and strategies that have occurred in the REITindustry over the last several years, presenting invaluableinformation and advice on how best to value individual REITs (as wellas REIT shares generally), the risk-and-reward dynamics ofcommercial real estate, and how to spot blue-chip REITs and controlinvestment risk. In addition, an entirely new chapter, written byindustry veterans Kenneth Campbell and Steven Burton, looks atnon-U.S. REITs and choices for investing in them.
REIT investing has become more and more popular in the aftermathof the real estate crisis. A liquid way toparticipate in the real estate market, investing in REITs has track record of providing excellent investment returns. Theirconsistency, along with the correlation of REIT stock priceswith Rentals Vs Reits the costs of other asset classes, make such investments opportunity.
An essential read for both individuals--investors, financialplanners, and investment advisers --and associations interestedin investing in commercial real estate through stocks,Investing in REITs continues to set the bar for informationand advice.