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Market Drives Indices Rate

NEW YORK CITY-Updating this morning's story about new REIT indices, NAREIT's Michael Grupe responds to our question about the increasing inventory of market indicators.

By John Salustri | Updated on January 15, 2013

NEW YORK CITY-It’s a matter of what the market can bear. In this morning’s lead story, we wondered allowed if more information on REIT performance is becoming too much information. In this update, Michael Grupe, EVP of research and investor outreach of Washington, DC-based NAREIT, responds with the above philosophical approach to market need.

“As you know,” he tells GlobeSt.com, “there’s significant interest in REIT investment today among investors from all walks of life.  In this environment, it’s natural to expect the introduction of new REIT indices and investment products based on them.  Ultimately, the market will determine their success.”

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