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Piet Eichholtz, Maastricht University In 1969 the Netherlands became the first European country to adopt REITs. [May/June 2008] 17 Million Portfolios Can't Be Wrong No matter which investments are included in a portfolio, investors can do better by replacing one of them with REITs. [March/April 2008] Brent Ambrose, Penn State University Brent Ambrose is the Jeffery L. and Cindy M. King Faculty Fellow in business and professor of real estate at Penn State University. [January/February 2008] James R. Webb, Cleveland State University James R. Webb is a professor of finance in the Nance College of Business at Cleveland State University and director of its center for real estate brokerages and markets. [November/December 2007] C.F. Sirmans, University of Connecticut C.F. Sirmans is the Board of Trustees Distinguished Professor in the Finance Department at the University of Connecticut Business School, and Director of its Center for Real Estate and Urban Economic Studies. [September/October 2007]

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.