Real estate investment trusts are receiving more love from investors for their initial public offerings as these companies show Wall Street the money, The Wall Street Journal reports.
Nearly all the five REIT IPOs completed this year have outpaced returns of the broader market, according to SNL Financial.
It was a much different scene a year ago when a lot of issuers had to appease investors with steep discounts or even scuttle offerings as investors remained extremely picky about taking on new REITs.