The Real Deal Miami

Strong showing among REIT sector

January 13, 2010 02:54PM

U.S. stocks grew progressively higher today, according to a report from Fox Business News, with the real estate investment trust sector performing particularly strongly. Retail property owner and operator Diversified Realty Corp was among the strong showings in the REIT market, rising about 10 percent, while the SPDR Dow Jones REIT ETF, an index that seeks to reflect the returns seen in the Dow Jones Select REIT Index, gained about 2 percent.