Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Health REITs provide bright spot

Wall Street Journal (subscription required), June 18, 2008
Despite the slow economy and credit crunch pushing many developers to the sidelines, healthcare real-estate investment trusts are expanding their development pipelines. Some of the biggest health-care REITs by stock-market value are expected to build $675.9 million of properties by year's end, up from $236.5 million in 2007, according to stock-research firm Stifel Nicolaus. Aging baby boomers who want cheaper outpatient care are fueling demand for medical-office buildings, said Stifel Nicolaus representatives.