Categories
REIT

Credit Suisse Selling ACC and ARE among many others.

GR pointed me to the MMFAIS site, highlighting how CS has been selling lots of stuffs (err.. I mean holdings).

Among the very long list includes counters like ACC and ARE; both are REITs.

The interesting fact here is 100% of both counters are sold off.

A lot of the sales took place this month (May 2009).

Maybe, it does not mean anything at all. Since I do not know how CS operates. But, I guess 100% sale can suggest that it is not attractive to hold them long term.