Benzinga – After the bell on August 20, 2014, Bloomberg reported that the $5.6 billion hedge fund, UBS O’Connor LLC, a unit within Swiss banking giant UBS, had sold off more than $900 million of shares in U.S. REIT holdings, according to filings last week with the SEC.
The sell-off was across the board, realizing profits from REITs that are invested in sectors including: offices, mortgage bonds, communication towers, hotels and especially apartments.
