Aiming to help real estate investors move faster and more efficiently in real estate investments
Institutional investors often feel trapped by the long lead times required to purchase properties, or restrictions imposed on selling interests in property funds. As open-end securities with secondary market trading potential, duETS create new options with potential for moving faster, more effectively and cost-efficiently to establish Down or Up exposures to fluctuations in values of U.S. real estate classes.
- duETS are not publicly listed for trading, but they may be traded under Rule 144A and Regulation S for non-U.S. persons.
- Each class of securities of each series linked to each separate Measurement Period is assigned a separate CUSIP.
- CBRE acts as broker and secondary market intermediary for sourcing and placement of trades. However, CBRE does not take any position in duETS Securities.
- duETS are open-end and can be created or redeemed based on demand.
To create new securities, Security Agent* exchanges cash for pairs of Down and Up securities
To redeem securities, Security Agent* exchanges pairs of Down and Up securities for cash
Securities are created and redeemed only in pairs of Down and Up securities based solely on the NAV of a pair.
*The Security Agent is ComputerShare, Inc.