As property markets recover or continue to improve, investors, both private and institutional, are crossing the border in search of solid earnings. Are REITs what they are looking for?
Mladen Petrov
The popular saying "the grass is always greener on the other side" has never been more apt when it comes to investment in real estate and one specific type of real estate investment in particular. European investors are now looking at the US market, while the Americans keep asking questions about investment opportunities in China and India. What connects them all are real estate investment trusts.
Let's talk businessEven though the law in some CEE countries does not support the existence of REITs, funds are now eyeing up Poland as an important source of capital for such investment. Last year saw the debut on the Warsaw Stock Exchange of the Bulgarian-based REIT company InterCapital Property Development. The firm debuted on the New Connect market, which is run by the Warsaw Stock Exchange