Tuesday, February 19, 2008

Asian REITs market capitalization to be $500bn by 2016

Asian Real Estate Investment Trust (REITs) currently accounts for 10.6% of global REITs and is projected to touch market capitalization levels of $100 billion by 2010. This is expected to grow up to $500 billion in 8-10 years, according to industry chamber Assocham.

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