To hedge inflation, REITs are the new gold in Asia
May 12th, 2013
ANALYSIS: As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping gold and doubling down on property.
They are driven by the search for yield as surprisingly benign inflation dims the appeal of bullion, but it's a risky play given lofty valuations for real estate.
The trend is most visible in the frenzy around real estate ...