REITs

Japanese real estate news outlet Jutaku Shinpo has published its J-REIT topics roundup, covering current developments in Japan's listed real estate investment trust market. Readers are tracking the latest movements in J-REIT units, yields and property assets as interest in Japanese real estate investment remains steady.

A new analysis argues that Tanger Factory Outlet Centers, the retail REIT behind US outlet malls, has become more affordable after its share price decline, with a dividend yield around 3.6%. However, the author concludes the valuation still is not attractive enough to justify buying, suggesting investors may want to wait for further weakness before considering the stock.