Expanding economies and historically low interest rates around the world have prompted investors to get a piece of the international real estate market. In June Citigroup Inc bought a Hong Kong office tower for a record HK $5.4 billion ($697 Million) which will house 5,000 employees.
Real estate became a very popular investment following the global financial crisis because of its relatively high yields and tangibility. More funds than ever are being invested in foreign real estate companies.
As demand for international real estate increases, so will the inflows into the top international real estate ETFs. Highlighted below are ETFs that have been affected by the increased interest in international real estate.
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SPDR Dow Jones International Real Estate ETF (NYSE: RWX)
The RWX led all property ETFs in August and took in $304 million during the ...
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