Headline News: REITs

• 13-05-2008: PNB plans to list its REIT in the future (The Edge Daily)
  KUALA LUMPUR: Permodalan Nasional Bhd (PNB) plans to list its Real Estate Investment Trust (REIT) on Bursa Malaysia, as part of its strategy to grow its investment portfolio in the property sector.
  
• Primaris Retail REIT Announces First Quarter Financial Results (CCNMatthews via Yahoo! Finance)
  TORONTO, ONTARIO-- - Primaris Retail REIT is pleased to report a 20.2% increase in net operating income for the first quarter of 2008, as compared to the first quarter of 2007.
  
• InStorage REIT Announces May 2008 Distribution (Marketwire via Yahoo! Finance)
  InStorage Real Estate Investment Trust(TSX: IS.UN) announced today that its distribution for the month of May 2008 will be $0.04833334 per REIT Unit. The distribution will be paid on June 13, 2008 to unitholders of record at the close of business on May 30, 2008.
  
• Behringer Harvard REIT I, Inc. Nominated for EPIC Award as 'REIT of the Year' (PR Newswire via Yahoo! Finance)
  Behringer Harvard REIT I, Inc. has been nominated for an Excellence in Property, Investment and CMBS award in the REIT of the Year category by Real Estate Finance & Investment, a newsweekly serving the commercial property and capital markets.
  
• Enterprise Inns says REIT status possible by October1 (Reuters via Yahoo! UK & Ireland News)
  Pub group Enterprise Inns said on Tuesday it was likely to decide in favour of converting into a low-tax property vehicle and that it might be able to do this by the start of its next fiscal year on October 1.
  
• Analyst: REIT shares overvalued as economy slows (AP via Yahoo! Finance)
  An analyst said Monday that real estate investment trust stocks may be overpriced, especially as property fundamentals weaken amid a soft economy.
  
• OUTLOOK Enterprise Inns set to outline REIT conversion plans (Sharewatch)
  LONDON (Thomson Financial) - Enterprise Inns Plc., which last week said it had received the go-ahead from HM Revenue & Customs to convert to the more tax efficient Real Estate Investment Trust model, will report its interim results on Tuesday.
  
• DLF revives Singapore REIT IPO - sources (Reuters via Yahoo! India News)
  MUMBAI (Reuters) - Developer DLF Ltd will revive and enlarge an initial public offer of its property trust in Singapore because it believes market conditions have improved, two people close to the development said on Monday.
  
• India's DLF revives Singapore REIT IPO-sources (Reuters via Yahoo! Philippines News)
  MUMBAI, May 12 - Indian developer DLF Ltd will revive and enlarge an initial public offer of its property trust in Singapore because it believes market conditions have improved, two people close to the development said on Monday.
  
• Royal Host REIT Announces First Quarter Results (CCNMatthews via Yahoo! Finance)
  CALGARY, ALBERTA-- - Royal Host Real Estate Investment Trust today announced results for the three months ended March 31, 2008.