Real estate investment trusts continued to produce negative returns on a year-to-date basis in July, according to the National Association of Real Estate Investment Trusts.The FTSE NAREIT All REIT index recorded a negative-15.14% return for the first seven months of the year, the trade group reported. Considering only mortgage REITs, the return was negative-37.67% for the period, and equity REITs alone returned a negative-13.23. This compares with a return over the same period of 3.64% on the S&P 500, 6.01% on the Dow Jones industrial average, and 5.42% on the NASDAQ Composite, according to NAREIT. The association can be found online at http://www.nareit.com.
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