Agree. However these reits have bizarre swings, like with every rights offering, yet that is the lifeblood of growth.
I am also recently noting that the morning price is low and the closing price is higher on most reits, most days. I suspect that this is high frequency trading, and I think it may expose an exploitatable weakness. A lot of these issues are very lightly held in # of shareholders. One I own only has, like, 40 shareholders including my relatively small stake (<20K sh).
I am always looking for an edge.