111.   He called premature a Wall Street Journal report that the company will split, forming two separate real estate investment trusts, or REITs.

112.   He predicted that a New York area real estate investment trust would eventually win the bidding for Rockefeller Center.

113.   He said large institutional lenders and real estate investment trusts that lost money on past hotel projects were now setting stricter terms for developers.

114.   He said Hilton had no intention of forming a real estate investment trust.

115.   He said his firm has been recommending high-yielding real estate investment trusts, regional Bell telephone companies and oil producers should the Fed raise rates.

116.   He seeks yield from such unconventional sources as real estate investment trusts, and growth from odd places like steel and aluminum recently.

117.   He said his firm has been recommending high-yielding real estate investment trusts, regional Bell telephone companies and oil producers in expectation that rates would rise.

118.   He said that the final answer may be a real estate investment trust or a sale and leaseback that would allow the group to continue managing the hotels.

119.   Health-care, apparel, real estate investment trusts, utilities and telephone companies will benefit or see little impact, Merrill said.

120.   Highwoods is a young and fast-growing real estate investment trust, or REIT.