Sovereign wealth funds eyeing U.S. REITs

03/12/2008 | Gulf Times (Qatar)

Middle Eastern investors are showing an interest in undervalued, U.S.-based real estate investment trusts. "Sovereign wealth funds want places they can stash lots of money, and taking down a U.S. REIT would certainly qualify," said Dan Fasulo, managing director of New York-based research firm Real Capital Analytics. Qatar Investment Authority and Bahrain-based Arcapita Bank are both looking for REIT investment opportunities.

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Gulf Times (Qatar)

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