Shareholder Return Is Our “North Star”

The idea of a real estate investment trust or REIT was first established in 1960 when Congress established the designation as an amendment to the Cigar Excise Tax Extension of 1960. Q1 hedge fund letters, conference, scoops etc Since then, thousands of REITs have been created to meet investors for exposure to a diversified portfolio of property, although the track record of REITs is mixed, particularly for firms that specialize on one particular element of the real estate market. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value…