As published in Scotsman Guide's Commercial Edition, October 2007.
What are they?
Overseas real estate securities that operate under rules similar to U.S.-based REITs, potentially allowing easier U.S. access
This past January, the United Kingdom began allowing REITs
As of press time, at least 20 countries allow REIT-structured securities
National Association of Real Estate Investment Trusts (NAREIT) now includes 10 foreign REITs, with more than 10 more expected by year's end