Question

Which of the following regarding private (unlisted) REITs is TRUE?
(a) Unlisted REITs are less expensive than listed REITs
(b) Unlisted REITs are less liquid than listed REITS
(c) Unlisted REITs are more subject to short-term market price volatility than listed REITS
(d) "List or liquidate" provisions in unlisted REITs make such REITs less risky than listed REITS

Answer

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