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Page added on December 22, 2009

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Solar power boost for US rental outfits

Falling commercial real estate rents have US property companies looking to the sun to pad their depleted revenue streams.

Real estate investment trusts are showing an increasing interest in renting roof space to companies and utilities that can install and manage solar panels on top of their buildings. The building owners can then generate additional income from the roof rental and from selling the energy directly to customers or to local municipalities.

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