Real estate gains independence on US stock market

Real estate has shared a roof with the financial sector since the inception of the Global Industry Classification Standard which is considered the de facto equity classification system by asset managers. US stock market will add a new sector for the first time since 1999. The newly minte

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Published - Friday, 16 Sep, 2016

Real estate gains independence on US stock market

Real estate has shared a roof with the financial sector since the inception of the Global Industry Classification Standard which is considered the de facto equity classification system by asset managers. US stock market will add a new sector for the first time since 1999. The newly minted sector will house real estate investment trusts which deliver additional income to shareholders within a tax efficient structure and real estate management as a standalone sector..