That was good enough for Warren Buffet. Indeed, for this year and next the group may be grounded by some basic lessons from Landlord 101. In places like San Francisco and Washington, D.C., we re seeing rental rates increase, in part because it s difficult or next to impossible to bring on new supply. On balance, the Street is modestly bullish. But you might get half that.
Yields are only half of the REIT return equation.
Since most of the Street values REITs on FFO, knowing that figure can give you a pretty good idea of a stock s upside. Better yet, a large percentage of Spieker s leases expire within the next year. It runs the country's largest self-storage warehouse chain, with more than 1,300 facilities in 37 states. Still, Public s attractive because of its nationwide exposure. The McGraw-Hill Companies Inc. All rights reserved.