Shares of real estate investment trusts Developers Diversified Realty Corp. (NYSE: DDR) surged 71 cents to close at $2.72 and Colonial Properties Trust (NYSE: CLP) soared $1.28 to close at $5.24 after existing homes sales surprised analysts by climbing 5.1% in Februray.
REITs Rise
March 23, 2009 at 18:10 PM EDT