abstract:The Citigroup Tower is a 180 m, 42 storey high skyscraper in the Pudong financial district of Shanghai, China, completed in 2005. It is the headquarters building of the Citibank (China) Company Limited.
Real estate investment trusts are on the move again, and Ross Smotrich, an analyst at Barclays Capital, thinks now is a perfect time to buy blue-chip REITs at bargain prices. (For another take on REITs, see page 108.) He likes Boston Properties ( BXP, 50) , which owns classy office buildings like Boston's Prudential Tower, San Francisco's Embarcadero Center and, in Manhattan, 399 Park Avenue, Times Square Tower and Citigroup Center.