A Clean Technology REIT is about to be launched which is going to invest in real estate which generates clean energy.The strategy is simple to invest in properties which have green energy power plants.Note Clean Tech Investing has yielded terrible results for public investors in the last couple of years.The failure of Copenhagen,Cancun Climate Meets and the Lehman crisis has led to a bloodbath for Green Investors.Don’t know how successful this strategy will be for I don’t know how much alpha a Clean Tech REIT can generate over a normal REIT.However the performance of DLR has been quite awesome over the last few years.
Green focused REITs like Digital Realty Trust (DLR) a REIT that builds, buys and operates data centers and Green Realty Trust, a REIT that focuses on investing in high performance buildings, such as those certified by Energy Star and LEED.
CleanTech REIT: Investing in Green Renewable Energy
Google+A new real estate investment trust (REIT) will be taking an alternative approach to green building investing. The strategy of CleanTech REIT is to focus on investing in properties that produce renewable energy such as solar, wind, geothermal and hydroelectric. These renewable sources of energy are expected to become more viable economically as fossil fuel prices continue to increase in the U.S. as they have recently. Indeed, some predict prices in renewable energies to achieve parity with those of fossil fuels to occur as early as 2015.
This REIT sounds like a great way to invest in renewable energies without investing in one corporation. I’ve even noticed that more traditional REITs are getting in on investing in GREEN products. I know that Cole REIT has acquired a number of LEED Silver and Gold certified buildings. Plus they are offering a new Cole REIT that specializes in office and industrial real estate so I would think they’d be investing in many more LEED buildings as most of them seem to be office real estate.