Page 21 - IreitEbook
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Some are available for under $10 a share – which, depending on who you ask – makes
them penny stocks. Others come nowhere close to that humble designation, with price
tags set above $100, $200, or $300.
Those REITs might not be Google (NYSE: GOOG) sized, but they can hold their
own nonetheless.
There are even real estate investment trusts deemed important enough to
include in major listings such as the S&P 400, 500, and 600. In those cases, it only
makes sense that they’re more high- profiled that way. Since more people know they
exist, more people invest in them, helping them to outperform their peers.
It’s how the game works.
For that matter, it’s how the game works the world around. The U.S. is no longer
unique in offering real estate investment trusts. Australia was an early-in proponent of
establishing them, and the trend took off from there.
Right now, every one of the G7 countries (Canada, France, Germany, Italy,
Japan, the U.K., and U.S.) offer REITs. So too does every single one of the governments
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