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June 20, 2018, 09:01:05 AM |
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The Global REIT sector has grown significantly in the last decade; both in terms of REITs being introduced in new countries, and in terms of an increase in the size of the sector in existing jurisdictions. Data from NAREIT shows that the market capitalisation of the US REIT sector has more than tripled to $1trn in the past 10 years, with the number of REITs growing from 152 to 224. In Europe growth has been slower, but according to EPRA the market cap of the listed European real estate sector has grown by a third in the same period from €150bn to €200bn. In Asia the REIT sector has grown by almost two thirds, from $135bn to $213bn, according to data from Consilia Capital.
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