Description: U.S. real estate investment trusts are selling shares to fund property acquisitions after using record cash from equity offerings last year to reduce debt and cover dividends.
Source:Â Bloomberg.com
Date: 09/24/2010
Link:Â http://www.bloomberg.com/news/2010-09-24/u-s-reits-balance-sheet-repair-gives-way-to-deals-as-stock-sales-advance.html
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Questions for discussion:
- How are these firms restructuring their finances?
- What is driving this behavior?
- Do you believe it is a correct strategy at this time?
- What would your investment advice be at this time?
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