Reits have been good for Asian economies: Study
Published on Mar 4, 2014 2:33 PM
Real estate investment trusts (reits) have brought several benefits to Asian economies, an association that promotes regional real estate investment said on Tuesday.
One of these benefits is that reits allow institutional and retail investors to get a slice of income-generating real estate, the Asia Pacific Real Estate Association said in a report.
Reits also attract capital and enjoy a relatively low cost of capital, it said.
The association also said that reits have helped to improve market transparency and the quality of real estate assets.
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