Why have shares of real estate investment trusts failed to perform well recently? A mass offloading by Japan-based REITs may be the answer. In 2016, REIT funds based in Japan that targeted the United States held 7 percent of the U.S. REIT market, or $68 billion, according to the Wall Street Journal. Those funds have since sold off more than half of their shares, and are now valued at $31 billion, according to a new […]
source https://therealdeal.com/2018/10/31/japan-based-reits-have-dumped-over-half-their-us-stocks-report/
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