Basic Valuation of an REIT
(Education) If you try to estimate the value of a real estate investment trust (REIT), you will quickly find that traditional metrics like the earnings-per-share (EPS) ratio, growth, and the price-to-earnings (P/E) multiple do not apply.
http://www.investing-news.com/artman/publish/article_505.shtml
background stuff that the fund is more concerned about.
-rep



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