REITs to have separate index sector
Real estate investment trusts will be broken out into a group in the Standard & Poor’s 500 index under the Global Industry Classification Standard. The change allows a better gauge of sector performance and is […]
REIT
Blackstone looks to raise $5 billion for REIT
Blackstone Group said this week it is looking to move into the nontraded REIT market with a $5 billion fund. The announcement follows rule changes in the industry aimed at increasing transparency for nontraded REITs. […]