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Speiker Properties Inc

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August 2, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
This year's rebound in real estate investment trust stocks shifted into high gear Tuesday after Spieker Properties Inc.--a major owner of West Coast office and industrial properties--reported better than expected second-quarter results. But investors who are now flocking to REIT stocks--up more than 20% so far this year--may have to settle for more modest yet still healthy gains for the rest of the year, according to some industry analysts.
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BUSINESS
August 2, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
This year's rebound in real estate investment trust stocks shifted into high gear Tuesday after Spieker Properties Inc.--a major owner of West Coast office and industrial properties--reported better than expected second-quarter results. But investors who are now flocking to REIT stocks--up more than 20% so far this year--may have to settle for more modest yet still healthy gains for the rest of the year, according to some industry analysts.
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