11.07.2014

The "Big Apple" REITs







Investing In New York City REITs

Excerpt:
New York City’s real estate market includes some of the most high-profile properties in the world. It is also one of the most expensive in which to invest (and why so many residents are renters). If you can’t afford to invest directly in New York City’s real estate market there are several publicly traded real estate investment trusts (REITs) that can give you exposure.
Comments: The stock symbols: NYRT, ESRT, SLG. Links to sites: Empire State Realty Trust, Inc., New York REIT, SL Green Realty Corp.

3 comments:

  1. Qatar Buys A Piece Of The Empire State Building

    An affiliate of the Qatar Investment Authority (QIA) has made $622 investment in the Empire State Realty Trust, a New York-based company which owns the Empire State Building.

    The investment represents a roughly 9.9 percent stake in the company on a fully diluted basis or currently 19.4% ownership of Class A shares

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