Stephen Pincus quoted in "Cashing in on REIT fever", Canadian Lawyer Magazine
|Area||REITs and Income Securities|
Excerpt from "Cashing in on REIT fever", by Michael McKiernan:
At Goodmans LLP, Stephen Pincus says REITs are struggling to keep up with investor demand. With just 10 per cent of Canadian real estate publicly securitized, he says the market is still relatively small compared with the U.S., where REITs have been up and running for at least 30 years longer than Canada, and other countries, such as Australia and Singapore, where more than a third of all real estate is publicly securitized. “There’s been a great hunger for this product,” says Pincus, the chairman of Goodmans’ REITs and income securities practice.
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