Morningstar sees increased improvement in fundamentals for 2012

12/29/2011 | Morningstar

Morningstar is cautiously optimistic about REITs' performance in 2012. Its analysts remain wary of "lofty valuations" with regard to some REITs, and they say some sectors could see a reversal in operating performance. However, the fundamental improvements in real estate that began in 2011 should continue in the near term, Morningstar said.

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