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
Add BT as a preferred source
Singapore
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.
TRENDING NOW
Xi Jinping has just rewritten the rules of US-China rivalry
High Court raps UOB over inconsistent legal positions on late mortgage payment charges
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
China’s Huawei reveals chip design breakthrough amid US sanctions
