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Article: Real estate trusts gain ground
- Article from:
- The Beacon News - Aurora (IL)
- Article date:
- October 12, 2003
- Author:
CopyrightCopyright (c) 2003 The Beacon News. (Hide copyright information)
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Dollars are moving away from stocks and bonds in today's economy because families are learning that the same forces driving up the value of their homes make real estate a better investment.
One easy and secure way to invest in real estate is to buy shares of a Real Estate Investment Trust. REITs buy, lease and sell apartment complexes, condominium developments, office buildings, shopping centers and other commercial properties.
The strong response to a recent column focusing on REITs shows there are a number of people interested in getting more information about this increasingly popular form of investment.
In less than four years, REIT share prices have climbed about 31 percent, says the ...