Page 19 - IreitEbook
P. 19
Here’s where we draw a much- The bottom line is this: Externally
needed distinction between private advised and managed REITs tend to
or otherwise unlisted real estate under-perform their same-sector
investment trusts and those that are peers. So while there are so many
publicly listed. Both are available to reasons to invest in REITs in general,
the average investor, and both do make sure you’re clear about the
operate under the same technical and specifics of the ones you consider.
legal structure.
At least that’s the SWAN way of
Yet this is not a “six of one, half-dozen approaching them. And iREIT wouldn’t
of the other” sort of situation. There have it any other way.
are distinct differences that need to be
addressed, particularly when it comes
to liquidity, transparency, and ultimate
costs.
19
