15.10.2015 - REITs: Are Big Backers Like Sovereign Wealth Funds Good Or Bad?
Some big REIT deals have included well-heeled financial partners like pensions and sovereign wealth funds. That sounds like a good thing. But maybe it's just allowing more deals to get done at higher cap rates. The real estate investment trust, or REIT, sector has had a rough year so far share price wise. That said, operationally things appear to be going well for most REITs. One issue that's popped up more than once, however, is the high price of acquisitions. And the trend toward partnering up with sovereign wealth funds and pensions could be a part of the problem..............................................Full Article: Source
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