When the top executives of New York’s biggest office landlord SL Green hosted a conference call for analysts this summer, one of the hottest topics in investing made an unexpected appearance. So-called “real estate investment trusts” such as SL Green are listed portfolios of property — whether office buildings, apartments, department stores or warehouses — that allow people to invest in relatively stable, income-generating assets, with the added convenience that they trade just like a stock.
When the top executives of New York’s biggest office landlord SL Green hosted a conference call for analysts this summer, one of the hottest topics in investing made an unexpected appearance. So-called “real estate investment trusts” such as SL Green are listed portfolios of property — whether office buildings, apartments, department stores or warehouses — that allow people to invest in relatively stable, income-generating assets, with the added convenience that they trade just like a stock.
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