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Real Estate Briefing - Categorized | Performance, REITs more

Property trusts offer good returns: CBRD

Posted on 11 June 2009

From Watoday.com.au: Listed real estate investment trusts (REITs) offer good longer term returns because many of them have recently raised equity to buy heavily discounted properties, the world’s biggest real estate company says.

Steve Carroll, senior managing director of CB Richard Ellis’s (CBRE) global real estate securities division, says REITs offer historically good value after the 55 per cent fall in the sector’s price globally since February 2007……..Full Article: Source


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