Bank stocks sold in single digits, which is where we all believed they belonged, at net asset value adjusted for Third World loans and sour real estate paper.

FORBES: Why Korea rang my bell

ProLogis has bested the others in the appreciation of its properties' worth, called net asset value, and in growth of earnings, whose REIT version is known as adjusted funds from operations (AFFO): net income plus depreciation, minus one-time items and maintenance outlays (see table).

FORBES: A Warehouse of Value