REITs Report

August 22, 2011

Buy ($175)

Topics covered: Residential and Commercial REITs, Real Estate New Supply, Pricing Power Outlook, Correlation Between Macroeconomy and Real Estate, Acquisition and Financing Costs

Companies covered: Washington Real Estate Investment Trust (NYSE:WRE), Simon Property Group, Inc. (NYSE:SPG), SL Green Realty Corporation (NYSE:SLG), ProLogis, Inc. (NYSE:PLD), Lexington Realty Trust (NYSE:LXP), Douglas Emmett, Inc. (NYSE:DEI), Boston Properties, Inc. (NYSE:BXP), American Capital Agency Corp. (NASDAQ:AGNC), Annaly Capital Management Inc (NYSE:NLY), MFA Financial, Inc. (NYSE:MFA), U-Store-It Trust, Sovran Self Storage, Inc. (NYSE:SSS), Home Properties, Inc. (NYSE:HME), Equity Lifestyle Properties, Inc. (NYSE:ELS), Colonial Properties Trust, AvalonBay Communities, Inc. (NYSE:AVB), Associated Estates Realty Corporation (NYSE:AEC), EPR Properties (NYSE:EPR)