By now the REIT story is a familiar one. They face a weakening economy, decreasing rents, lower occupancy, great difficulty refinancing old debt and even more difficulty raising new capital of almost any sort. The JP Morgan analyst in this video interview sees at least 5% more downside from here.
However, he does like at least one REIT: Boston Properties (BXP). Boston Properties is primarily an office REIT (see the office REIT list for a list of office REITs, including current yields). The analyst likes BXP Management and believes they have the highest quality portfolio in the group. If the video below does not load, you can view it here.
Click here for a list of Office REITs, including current yields
Click here for a list of REITs paying dividends in stock
Information on how REITs work can be found in the post REIT Definition.
Disclosures: None at the time of publication
apartment reits, reit, reits
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