I've trimmed many of my REIT names, especially office, but I have a hard time letting more go. The way I see it is even if the "easy" money has been made already, these REITS continue to offer mid-high digit yields at "reasonable" valuations. I'm not sure where to deploy the new capital.
Yeah, I know I could just hold cash but I don't think I can trust myself to "time" the market that well.