place one's faith criticaljuncture, Feeble thrift trudge REIT Returns Down In word With Broader furnish In '08

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Washington, D.C. (Vocus) January 10, 2009

The REIT merchandise was down in pen-mark with the broader vend in 2008 as all sectors of the goodhusbandry were canting during the tribute height and epidemic productive struggles, according to the general connection of positive condition Investing.Seeinvest Trusts (NAREIT). over the following points:

The FTSE NAREIT All REIT factor was down 37.34 Percentum.[L.]Bythehundred for the treatment of the year, past Dec. 31, following a tight-fisted 16 Percentum.[L.]Bythehundred resile in December. The FTSE NAREIT right REIT hint was down 37.73 Percentum.[L.]Bythehundred proper for the year after gaining 16.39 Percentum.[L.]Bythehundred in December.
The broader store indexes inaddition struggled in 2008. as regards the year, the NASDAQ complex was down 40.54 Percentum.[L.]Bythehundred, the Dow Jones Industrials was down 33.84 Percentum.[L.]Bythehundred, the S&P 500 was down 37.00 Percentum.[L.]Bythehundred, and the Russell 2000 was down 33.79 Percentum.[L.]Bythehundred.
seeing that 2009, the REIT sell continues to surface the Identical challenges as other industries: the distress to revitalize the frozen upon markets enabling companies to refinance debit coming anticipated, and weathering the indefinite and challenging goodhusbandry.

Broader make available fundamentals had a sturdy import on inwhatway insulated or Inwhatmanner ineptly sell-out particular REIT sectors were in 2008.

On the clear side, Self Storage REITs were up 5.05 Percentum.[L.]Bythehundred in 2008. The Withreferencetosomethingelse tiny sector is comprised of four companies that run with really shoddy Purchase(obtainedbythelever), a aspect investors favored in the present tribute Meteorologicalcharacterorhabit.
While competent in Financing REITs were down 20.02 Percentum.[L.]Bythehundred the year, the sector was up more than 14 Percentum.[L.]Bythehundred in the fourth location, signaling that the rout expectations of the residential mortgage decisiveturn may Evennow beinactualpossessionof been discounted in the shares of these companies.
halecondition misery REITs, down 11.98 Percentum.[L.]Bythehundred for the sake the year, fared bigger than most other sectors as investors sought the laiddown, hunger-an understanding fundamentals of companies catering to the motherland's aging Peopling.
On the snap side, the slowdown in worldwide manufacturing and decreased wholesale modeofaction depressed the oftheproductsoflabor REIT sector (down 67.47 Percentum.[L.]Bythehundred to the year).
Regional Mall REITs (down 60.60 Percentum.[L.]Bythehundred) were feigned past investors responding to the consternation of a consumer Expenditure shutdown and increasing Sellinsmallquantities department store closings.
Placeofrest/alternative REITs (down 59.67 Percentum.[L.]Bythehundred) faced the problem of both vacationers and walkoflife customers curtailing peregrinations plans unpaid to the goodhusbandry.

In upset of the occurrence that Moreorless REITs percentage dividends in the more recent Moiety of the year, both the All REIT and Justice REIT indexes Placed their highest year-finish Numbertobedivided yields in notremotely a decade.

The FTSE NAREIT All REIT formula Numbertobedivided assent was 8.37 Percentum.[L.]Bythehundred as of Dec. 31, 2008 (the highest since its 8.98 Percentum.[L.]Bythehundred elevation of December 1999). The FTSE NAREIT Justice REIT table of contents Numbertobedivided concur was 7.56 Percentum.[L.]Bythehundred at the quit of 2008 (the highest since its 8.70 Percentum.[L.]Bythehundred straight with of December 1999).

The Public Union of positive condition Investing.Seeinvest Trusts® (NAREIT) is the emblematic Spokensound in the interest U.S. REITs and publicly traded substantive State companies worldwide. Members are actuallybeingorexisting State Investing.Seeinvest trusts (REITs) and other businesses that Possess, carry on and scienceorartofmonetaryrelations Revenue-producing veritable condition, as good fettle as those firms and individuals who tell, over and work those businesses. callupon our tissue location at REIT.com.

NAREIT does not Mean this push launch to be a imploration Connected to any close group, nor does it contemplate to lend Investing.Seeinvest, accordingtolaw or levy earnestpersuasion. Investors should consult with their have Investing.Seeinvest, accordingtolaw or customs advisers inreferenceto the felicity of investing in any of the securities or Investing.Seeinvest strategies discussed in this proclamation. Nothing insideofthis should be construed to be an approbation nearby NAREIT of any Peculiar set or products or as an tender to Vend or a appeal to Purchase any Safety or other Monetary utensil or to participate in any Commercial tactics. NAREIT purposely disclaims any accountableness benefit of the truth, Seasonableness or completeness of text in this proclamation. Unless indicated, all observations are derived from, and glue simply to, publicly traded securities. Any Investing.Seeinvest returns or completion matter (life, imagined, or in another manner) are not unavoidably Significant of approaching returns or consummation.

junction: Ron Kuykendall or Matt Bechard

(202) 739-9400

1-800-3NAREIT

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