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Second Japanese REIT ETF launches in Tokyo

Posted on 22 October 2008

From Indexuniverse.com: The third Japanese exchange-traded fund to launch this year focusing on real estate, and second to trade on the Tokyo Stock Exchange (TSE), opened on Tuesday. It follows the introduction by Northern Trust’s NETS ETF family of its Tokyo Stock Exchange REIT Index Fund for the U.S. market. Japanese REITs represent 10% of the global REIT marketplace.

While JRE is the only Japanese REIT ETF available on a U.S. exchange, the new TSE-listed REIT is the second for Japanese investors to be listed locally in Tokyo….. Full Article: Source


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