Flush REITs hire investment banks for strategic options

06/18/2013 | CoStar Group

Real estate investment trusts are beginning to turn to investment bankers to explore what they can do with their war chests after a record year in the capital markets and an outstanding first quarter this year. Inland Diversified Real Estate Trust and Strategic Storage Trust are among those turning to banks -- Wells Fargo Securities and Citigroup Global Markets, respectively -- for further ideas.

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