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July/August 2007
   Shining Stars
Risk-adjusted performance and diversification benefits of REITs outshine other market sectors and investment strategies.





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Real Estate Portfolio is the recipient of the 2006 SNAP EXCEL Gold Award for Single Topic Issue

features
Role Model
The role of REITs in a pension real estate allocation
Beyond the Yield
A REIT recipe for dividends and more Building Adventure through Science
BioMed Realty finds opportunity in the life sciences industry Cultivating Growth
REITs are looking for new and innovative ways to grow and establish value for investors Pillars of Good Governance
REITs gain valuation and shareholder approval
cover


TAKING STOCK
State of Affairs

EDITOR'S DESK
Making the Connection

DEVELOPMENTS
German REITs in bloom; Pan-European commercial property company; Big Yellow confirms REIT status; CIT Group creates health care REIT; Shidler Group launches fourth REIT

FOUR QUICK QUESTIONS
With Citigroup Global Markets' Paul Ingrassia

ONE-ON-ONE
With Entertainment Properties Trust's David Brain

REIT SNAPSHOT
Community Development Trust: making a difference

PROFESSIONAL PERSPECTIVES
Globally listed real estate equity in a strategic asset allocation

SECTOR SPOTLIGHT
Lodging REITs: checking in demand

CAPITAL MARKETS
Q&A with Stan Ross

WINDOW ON WASHINGTON
Sen. Mitchell McConnell

IN THE WORKS
Simon's New Domain

INVESTOR INSIGHT
Real Estate Excels in Governance Rankings

NAMES TO NOTE
People making news and moves in the REIT and publicly traded real estate industry

IN CLOSING
The REIT Payout Puzzle


Real Estate Portfolio® is the magazine for REITs and real estate investment.

It is published bimonthly by the National Association of Real Estate Investment Trusts® (NAREIT),
1875 I Street, NW, Suite 600, Washington, DC 20006–5413.
Phone 202-739-9400.