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Editor's Desk
Spanning the Globe

GLOBAL POSITIONING
U.S. REITs Seek Opportunities Abroad

MORTGAGE OPPORTUNITIES
Global Growth for Real Estate Finance

FOREIGN INVESTMENT
Investing in the Global Market

Real Estate Diversification on a Global Scale

One World, One GAAP

Foreign Investment in Real Estate is AFIRE

ECONOMIC IMPACT
The REIT Influence

The Long Road to a Pan-European REIT

Asian REITs—Up and Running

REITs are Rising Down Under

Global REIT Indexing—The Shape of Things to Come

COUNTRY PROFILES
Introduction
Spotlight on Asia
Spotlight on Europe
Spotlight on the Middle East
Spotlight on Central America
Spotlight on North America
Spotlight on South America

IN CLOSING
The Global Real Estate Marketplace
Country Profiles
[November/December 2005]

Portfolio has profiled 23 countries either with an existing REIT-like structure or with one in the works. Each profile provides a synopsis of the current situation for REITs in that country as well as what is on the horizon in terms of REIT legislation. For a more detailed, country-by-country breakdown of the REIT rules across the globe, visit www.realestateportfolio.com to view the analysis conducted by Ernst & Young.

World Map
Asia
Australia
Hong Kong
India
Japan
Korea
Malaysia
Singapore
Taiwan
Europe
Belgium
Finland
France
Germany
Italy
Luxembourg
Netherlands
Spain
Turkey
United Kingdom
Middle East
Israel
Central America
Costa Rica
North America
Canada
Mexico
South America
Brazil


Real Estate Portfolio® is the magazine for REITs and real estate investment.

It is published bimonthly by the National Association of Real Estate Investment Trusts® (NAREIT),
1875 I Street, NW, Suite 600, Washington, DC 20006–5413.
Phone 202-739-9400.