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Closing Glance: REITs fall as consumer confidence dips



By AP
29 April 2008 @ 04:27 pm EST

NEW YORK - Shares of real estate investment trusts closed mostly lower Tuesday as consumer confidence declined further in April amid increased concerns about soaring inflation and the weakening job market.

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Quotes
VNO 78.23 10.23
BXP 76.18 9.63
KIM 29.78 4.35
HST 9.28 1.43

SYMBOL LOOKUP

Here's how some REITs performed:

Host Hotels & Resorts, rose 18 cents to end at $17.54.

Vornado Realty Trust, slipped 33 cents to $94.75.

Boston Properties Inc., shed $2.34, or 2.3 percent, to $100.56.

Kimco Realty Corp., fell $1.16, or 2.8 percent, to $40.63.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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