NEW YORK CITY—Ian Weissman, managing directorat International Strategy and Investment Group,reportedly is moving to Credit Suisse to lead anewly revived REIT coverage desk. SNL reported Friday thatCredit Suisse's real estate equity research team shut down abouttwo years ago when analyst Andrew Rosivach left the group to headup REIT coverage at Goldman Sachs.

Weissman told SNL that with his move to lead its REIT coverage,Credit Suisse is “getting back into the space in a big way.”Although Weissman could not offer names of specific real estatetrusts that the firm will cover, he told SNL that it's safe to saythat he and his new team will cover the major names in the REITsubsectors.

Weissman, who worked in REIT coverage at UBSand Merrill Lynch before joining ISI Group, saidhe's on garden leave from ISI Group and will likely launch REITcoverage at Credit Suisse in mid-May. He began as a REIT analyst atISI before moving over to the firm's gaming and lodging coverage,which he led as a managing director.