Forbes published a list of its 5 best REITS to buy and hold for the long term. The prices of the selected REITS have a slightly negative year-to-date performance, which Forbes considers a positive because a REIT correction has already been factored in.
Top Long-Term REITS
1.) American Tower (AMT): Leases Wireless Data Towers
2.) Essex Property Trust (ESS): West Coast Apartment Owner
3.) SL Green Realty Corp (SLG): NY Lender & Owner of 24M Sqft. of Office Space
4.) Prologis (PLD): Owner, Operator and Developer of Industrial Real Estate
5.) Public Storage (PSA): Storage Facilities