Public REITs will do better in the second half of 1996 than in the first half, with returns expected to more than quadruple, Aldrich Eastman Waltch officials forecasted. REITs are expected to return between 10% and 12% for the year, according to AEW's June 1996 REIT report. As of June 30, REITs returned 2.3%.
``The fundamentals of supply and demand remain strong in most markets, and most valuation studies have shown that REITs appear to be attractively priced,'' according to the AEW report.
Within the REIT market, AEW expects returns to improve across retail, apartment and hotel sectors.
