NEW YORK CITY-It's a matter of what the market can bear. In this morning's lead story, we wondered allowed if more information on REIT performance is becoming too much information. In this update, Michael Grupe, EVP of research and investor outreach of Washington, DC-based NAREIT, responds with the above philosophical approach to market need.
"As you know," he tells GlobeSt.com, "there's significant interest in REIT investment today among investors from all walks of life. In this environment, it's natural to expect the introduction of new REIT indices and investment products based on them. Ultimately, the market will determine their success."
The original question was based on the news that S&P Dow Jones had just launched another in its popular REIT indices.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
