The SPDR FTSE EPRA Europe ex UK Real Estate UCITS Exchange-Traded ETF is listed on the Deutsche Borse, Xetre, and tracks the FTSE EPRA/NAREIT Developed Europe ex UK index.
Alexis Marinof, head of SPDR ETFs for Europe, Middle East, and Africa, at SSGA said investors are turning to real estate in the face of Europe’s extensive quantitative easing because of its steady income and potential for inflation protection.
“Our fund provides investors with cost-efficient, liquid access to a diversified, core real estate allocation, in what is generally a difficult-to-access market segment,” he added.
Sudir Raju, managing director, managing director, exchange traded products relationships at FTSE Russell, said real estate has remained an attractive source of income despite investors continuing to diversify their exposure to high yielding asset classes.
“The FTSE EPRA/NAREIT indexes are seen as the standard industry benchmarks and act as a clear proxy for the direct real estate market,” he added.
