Will New Names Turn These REITs Into Long-Term Winners?
Several real estate investment trusts (REITs) have announced major business transformations over the past year to focus on a property class they believe will create the most value for their investors in the future. Many have chosen to rebrand as part of that strategy shift to reflect their new direction. They're hoping this fresh start will attract new investors who embrace their vision.
Here's a look at two renamed REITs that are heading in a new direction.
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Source Fool.com