More non-traditional Reits, but Asia lags in this trend
It is a natural evolution of the Reit market, but investors here have to become more comfortable first, say analysts
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THE "real estate" is being taken out of real estate investment trusts" or Reits, it would seem.
In more and more markets, the traditional definition of "real estate" in a Reit is taking on a new twist. In the US, for example, more non-traditional Reit assets are listing - and they have portfolios of infrastructure, ranging from fibre optic networks and mobile towers to assets such as aged homes and even prisons.
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