Subject: Re: HIW and PDM
I have not looked at them, though I guess the beaten down office sector may well rebound. I know Highwoods has been a favored stock in the past.

I buy individual REIT pfd's, but currently all my REIT common stock investment is in the VNQ index fund. Back when we had a really good TMF REIT board there was a steady supply of thoughtful analysis, and I did well following some of the leads. Since the board faded and Ralph Block "reitnut" passed away I have mostly indexed them. I will say that one of the best pieces of advice I got from that board was that dividend yield was one of the poorer indications of what your long term return would be from an individual REIT. I believe there was some decent data to back it up.