最普遍持有的美国不动产投资信托的收益已经低于国债,同时英国最好的地产的收益率也已经低于金边债券。
Yields on the most commonly held American REITS are lower than those on treasury bonds, while prime British properties yield less than gilts.
所以地产市场全球化的关键在于REIT(或称之不动产投资信托)的成长。
So the key to the globalisation of the property market has been the growth of the REIT, or real-estate investment trust.
从明年一月份开始,英国也要有不动产投资信托了。
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