Japan remains one of my favorite real estate markets due to its large size, maturity, low growth expectations, and relatively high yields vs. low interest rates. As an updated reference, here is a list of 50 of the largest Japanese real estate investment trusts (J-REITs) by market cap as of August 2017: WSJ Name Sector […]
Continuing the lists of real estate investment trusts (REITs) by region, here are 25 of the largest ones by market cap denominated in Euros: WSJ Name Sector Country Market Cap DE/XFRA/UBL Unibail-Rodamco SE Retail France € 21,510,000,640 FR/XPAR/LI Klepierre S.A. Retail France € 11,089,999,872 FR/XPAR/GFC Gecina Industrial/Office France € 9,360,000,000 ES/XMCE/MRL Merlin Properties SOCIMI S.A. […]
My latest article on SeekingAlpha compares the valuation of 8 major listed real estate investment trust (REIT) markets: the US, Japan, Eurozone (mostly France), Hong Kong, Singapore, and the ABC of Australia, Britain, and Canada. For investors overly concentrated in the property market of any one country or city, I often recommend these REIT portfolios […]
Continuing the series of lists of real estate investment trusts, here are the 35 largest Singapore S-REITs by Market cap as of August 2017 with links to data on WSJ.com: WSJ Name Sector Market Cap SG/XSES/A17U Ascendas Real Estate Investment Trust Industrial/Office $7,840,000,000 SG/XSES/C38U CapitaLand Mall Trust Retail $7,200,000,000 SG/XSES/C61U CapitaLand Commercial Trust Industrial/Office $5,360,000,000 […]
The US is by far the largest market for listed real estate investment trusts (REITs), with over US$1 trillion in market cap, including some large foreign REITs trading over the counter as ADRs. US REITs are especially attractive for IRA and other tax-deferred accounts. For reference, here is a list of 200 of the largest […]
For reference only, here are links to dividend data for an updated list of the 8 largest Hong Kong listed real estate investment trusts (REITs): Ticker Name Sector Float % 823.HK Link Real Estate Investment Trust Retail 100.0% 2778.HK Champion Real Estate Investment Trust Industrial/Office 31.0% 778.HK Fortune Real Estate Investment Trust Retail 72.3% 405.HK […]
“Jobs”, not just number of jobs, but also quality of jobs, has always been one of the most important drivers of an industrial economy. The 21st century already seems to be showing a different outlook on jobs and employment than the 20th century given the triple threat of older demographics, lower productivity growth, and the […]
For reference and discussion purposes only, here is a list of some non-US REITs worth watching in 2017Q2: RIC Name Sector USD Market Cap 0823.HK Link Real Estate Investment Trust Commercial $15,439 LAND.L Land Securities Group PLC Commercial $10,153 GMG.AX Goodman Group Pty Ltd Commercial $10,150 SGP.AX Stockland Corporation Ltd Residential $8,253 BLND.L British Land […]
Real Estate Investment Trusts (REITs) are among our favorite alternatives to buying physical property as an investment. For reference, we list below 95 of the globally-listed REITs we are watching this quarter, which yield over 4% as a portfolio. Note that this a watchlist for educational and discussion purposes only and is not a recommendation […]
I consider myself a relatively boring, probability of cashflows investor not easily attracted to hyper-growth promises of many Internet company investments. Nonetheless, I have slowly started to get more interested in established Internet companies as I see them developing moats and staying power that make them sustainable cash cows more than bets on speculative upside. […]