REITs

June 25, 2012

Buy ($175)

Topics covered: Self-Storage and Office REITs, Regulation Raises REIT Dividends, Lodging, Inexpensive Access to Capital, CBD Properties Outperform Suburbs, Apartment

Companies covered: United Dominion Realty Trust, Inc. (NYSE:UDR), Public Storage (NYSE:PSA), Post Properties, Inc. (NYSE:PPS), Mid-America Apartment Communities, Inc. (NYSE:MAA), Boston Properties, Inc. (NYSE:BXP), AvalonBay Communities, Inc. (NYSE:AVB), Simon Property Group, Inc. (NYSE:SPG), Federal Realty Investment Trust (NYSE:FRT), First Industrial Realty Trust, Inc. (NYSE:FR), DDR Corp. (NYSE:DDR), Brandywine Realty Trust (NYSE:BDN), Camden Property Trust (NYSE:CPT), Supertel Hospitality, Inc. (NASDAQ:SPPR), Walmart Inc. (NYSE:WMT), Vornado Realty Trust (NYSE:VNO), Kohl's Corporation (NYSE:KSS), Equity Residential (NYSE:EQR), Costco Wholesale Corporation (NASDAQ:COST), American Tower Corporation (REIT) (NYSE:AMT), Associated Estates Realty Corporation (NYSE:AEC), American Campus Communities Inc (NYSE:ACC), Kimco Realty Corporation (NYSE:KIM), Colonial Properties Trust, Ashford Hospitality Trust Inc (NYSE:AHT), American Capital Agency Corp. (NASDAQ:AGNC), Redwood Trust, Inc. (NYSE:RWT), Annaly Capital Management Inc (NYSE:NLY), Ventas, Inc. (NYSE:VTR), Taubman Centers, Inc. (NYSE:TCO), Sunrise Senior Living Inc., Medical Properties Trust, Inc. (NYSE:MPW), Extra Space Storage Inc (NYSE:EXR), Equinix, Inc. (NASDAQ:EQIX), Digital Realty Trust, Inc. (NYSE:DLR), Dupont Fabros Technology, Inc. (NYSE:DFT), CoreSite Realty Corporation (NYSE:COR), Marriott International (NASDAQ:MAR), LaSalle Hotel Properties (NYSE:LHO), Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), ProLogis, Inc. (NYSE:PLD), Apartment Investment and Management Company (NYSE:AIV)