Global Real Estate

The Feb. 28 panel focused on the growth of REITs in India and beyond.

There are currently 41 countries and regions, accounting for 85% of global GDP with a combined population of nearly 5 billion people, that have enacted REIT legislation.

Nareit CEO Steve Wechsler and EVP of Research and Investor Outreach John Worth presented virtually to a Chinese audience about U.S. REIT market development and the new Chinese REIT system.

Nareit’s Steve Wechsler sees China REIT pilot scheme as a “big step forward.”

Move follows changes in REIT regulations earlier this year.