Bargains in the REIT Wreckage (BusinessWeek Online)

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Bargains in the REIT Wreckage (BusinessWeek Online)

Friday, 27 March 2009 13:08

News) exchange-traded fund, which tracks 82 REITs, has dropped 35% after plunging about 45% in 2008. On Mar. 19, Moody's downgraded General Growth Properties to "C," its lowest rating above default, prompting another wave of selling.

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