REIT

2014年8月20日 by freepapa in Investment

I attended the ANZ seminar yesterday. The real estate investment trusts (REITs) have average returns of 7~8% p.a. It is very attractive compared to the holding of houses in Auckland. Currently, the vacancy rate of them are so low and the gearing of them is around 35%. They are so safe as a investment. Whey Kiwi people did not want to buy them in place of their houses? They are not so interested in investing these REITs or they do not have any idea of REITs.