Real estate industry professionals expect REITs to outperform the S&P 500 Index during the next 12 months, according to a poll from BMO Capital Markets.
The poll of attendees at the BMO Capital Markets 10th Annual North American Real Estate Conference in Chicago shows that 45 percent of institutional investors expect REITs to outperform the S&P 500 Index by more than 3 percent in the next year, while 35 percent said REITs could outperform the benchmark by as much as 10 percent.