Deutsche Bank has confirmed the launch of a listed property exchange traded fund under its DBX Trackers brand.
The FTSE EPRA/NAREIT Global Real Estate ETF tracks the performance of real estate investment trusts (Reits) and listed property companies around the world and will be listed on the London Stock Exchange.

Market capitalisation weighted, the underlying index is covers both developing and developed markets.

Manooj Mistry, head of DBX Trackers in the UK, said the ETF offers investors a simple, cost effective and liquid route to participating in the performance of the global real estate sector.

He added, ‘With an all-in fee of just 0.6 per cent per annum, the ETF will appeal to private investors keen to add a diversified global property element to their portfolio.’

Reits are listed companies that manage real estate holdings, passing the profits to shareholders.

They first appeared in the US in the 1960s, but over the past decade a number of countries have introduced legislation allowing for the listing of Reits, including the UK.

The new ETF bolsters the company’s existing product range, which includes the FTSE EPRA/NAREIT Eurozone Real Estate index, and the FTSE EPRA/NAREIT Developed Europe Real Estate index.

The Total Expense Ratio for the FTSE EPRA/NAREIT Global Real Estate ETF will be 0.6 per cent.