Real Estate Investment Trusts (REITs) are firms that investdirectly in commercial real estate properties, but whose sharestrade as stocks on the major exchanges. So does the need for a comprehensive, dependable, yet accessibleresource for understanding these investments. The revised andupdated Investing in REITs: Real Estate Investment Trusts, FourthEdition does precisely that.
Widely considered the book on real estate investmenttrusts for the investor, this edition providesup-to-date information and industry trends. Written byREIT investment pro Ralph L. Block, it looks at all the keydevelopments and strategies which have taken place in the REITindustry during the last several decades, presenting invaluableinformation and guidance on the best way 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. Moreover, an entirely new chapter, written byindustry veterans Kenneth Campbell and Steven Burton, looks atnon-U.S. REITs Rentals Vs Reits and choices for investing in them.
REIT investing has become more and more common in the aftermathof the real estate crisis. A dividend-paying way toparticipate in the real estate market has along track record of providing excellent investment returns. Theirconsistency, together with the correlation of stock priceswith the prices of other asset classes, make such investments aunique opportunity.
A vital read for both individuals--investors, financialplanners, and investment advisors--and associations interestedin investing in commercial real estate through stocks,Investing in REITs has been set the bar for REIT advice.