This is an HTML version of a story that ran in the June issue of Real Estate Forum. To see the article in its original format, click here.

It’s one thing to establish a REIT in one of the five major food groups, and quite another to launch a REIT based on what could be considered non-core real estate, especially when its primary business falls outside the idea of buying, selling, developing or operating commercial property. Yet the idea has gained increasing visibility over the past several months, due in no small measure to REITs’ track record among publicly traded companies and, judging by the stock market’s current response, it has also gained increasing acceptance.

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