The US real estate derivatives market has finally come to life after two years of missed opportunities that allowed the UK market to surge ahead. Now the National Council of Real Estate Investment Fiduciaries (NCREIF), which provides benchmark property indices in the US, is rapidly signing up new banks and expectations are high that deal flow will increase.
The US has some way to go before it can begin to challenge the UK, which kicked off the real estate derivatives market in 2004 and had transacted £7.6
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