Even with current higher bond yields and the new tax relief on dividend payouts, U.S. real estate investment trusts (REITs) are expected to provide excellent yields, a Janus executive told Reuters.

Saying that more gains by U.S. bond yields would fall slightly short of those of REITs, Janus fund manager William Schaff told Reuters that despite continued stagnancy in office and apartment buildings, the growing single-family residence market will keep REITs afloat.

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