EPRA Chief Says Spanish REITs Performing Well Since Introduction

Philip Charls, chief executive of the European Public Real Estate Association (EPRA), joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Charls gave a broad overview of developments in the European property market, starting with the arrival of REITs in the Spanish market about a year ago. Spanish REITs have performed “very well,” according to Charls. He noted that hedge fund managers Paul Soros and John Paulson were among the first investors in Spanish REITs: “You can’t imagine a better place to start it off.”

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