07.10.2011 - German pre-REITS could consider mergers, says Fair Value CEO
German companies seeking to convert to a real estate investment trust could consider merging with existing REITs if they fail to meet the deadline for full conversion at the end of 2012, according to Frank Schaich, CEO of Fair Value REIT. Schaich told PropertyEU at Expo Real that this option would also help tackle the under-representation of REITs in the German market compared to the UK and France. ‘REITS are the investment scheme of the future, offering a highly efficient way to invest in the German real estate. The sector is too small and the solution needs to come from within Germany.’.............................................Full Article: Source
Print