Global REIT Recovery Led by Asia-Pacific Region: BNY Mellon

Urdang expects, according to the paper, that overall REIT returns will diverge in different markets; it added that real estate fundamentals in most markets are on the rise as the largest urban centers see increases in apartment occupancies and a rise in office property rates.

Todd Briddell, president and chief investment officer for Urdang Capital Management, said in a statement, “Overall, we see REITs as well capitalized and gaining favor as a vehicle for cross-border real estate ownership. REITs are attractive to investors seeking reasonable yields, and we expect that to continue until rates on savings deposits increase.” He also noted that REITs have been able to raise capital in 2010 and are in good stead to make property acquisitions—something that should fuel further growth and give them an advantage over other types of real estate investments.