I have been monitoring LRY and WRE for over years. Those who are familiar with REIT, these 2 are a few of the best out there, in fact, they are trading very similar in terms of shareprice and the direction in move! Until last offerings, both WRE and LRY did stock offerings within a few weeks but LRY is now at $22s while WRE is at $29s. I don't see their fundamentals have changed due to the offerings, so I expect LRY is about to go up at the level similar to WRE which is $29s(or WRE has to go down to $22s which I don't think so). A strong rebound is about to take place for LRY given LIBOR has been down days after days, good REITs like LRY and WRE should be back above $30s IMO, their dividends are safe with tenants like intl corps like IBM and COMCAST and yet long term leases.

LRY is looking here, and I am buying here at $22.51-$22.56, it should be up big time next week when Bank of England is expecting to cut 100b next Thursday, get in now for the easy money! Good luck longs, the market has been stablizied and LRY should be up from here to $24-$26 easy!