Building on recovery

The recovery from the global property slump is still on the junior slopes across the world. Yet some ETF providers believe the downturn provided a harsh, salutary lesson to investors trapped in illiquid funds when the property bubble burst. According to the iShares August property report, real estate funds often could not be liquidated, while many have lock-up periods preventing investors from selling their fund units. It said: “As the first signs of an end to the crisis emerge, investors are looking into alternative ways of investing in real estate. This has drawn more attention to real...