Contrary to what you might think the REITs or Real Estate Investment Trust are not a phenomena created during the recent real estate booms. Although many REITs and other investment clubs popped up during 1990′s and recently 2005-2007 period but the history takes REITs all the way back to 1880′s when it was used as a tax shelter against double-taxation on corporates and individuals. The international Real Estate Investments Trust on the other hands are fairly new and varies in qualification standards by each country. Modern countries like Canada or England have adopted the regulation for Real Estate Investment Trusts (REIT) as recent as 2007 in England.
The tax benefits, power buying and expert management of these Trusts has attracted investors mainly since 1990. Lee A. Chilcote from Arter & Hadden estimates the market expansio from $5.5 Billion in 1990 to over $140 Billion in 1998 and according to REIT.Com in 2010 the all REITS index was up by 28% easily surpassed the broader market index with S&P 500 saw increase of 15.1 and NASDAQ Composite was up 16.1%.
In following articles we will entertain the REIT opportunities in current market along with recommendations of the experts for top REITs in 2011.
