Discussion Of Real Estate With Ackman, Zell & Sternlicht

[biaggio]

http://myinvestingnotebook.blogspot.com/2011/09/discussion-of-real-estate-with-ackman.html

 

from Farnam Street's web site.

 

They believe that REITS of commercial/large shopping malls (super centers) are a good buy, even at 4% you beat what is available in fixed assets plus you have inflation hedge (they are not building new malls + their rental agreements usually have inflation protector so they will be able to raise their prices.)