Courtesy of Eric Haas of Altruist Financial Advisors here are 4 funds
that provide relatively inexpensive access to foreign real estate.
And Courtesy of DavidsDiamonds: David Jacobs <david@pathfinderfs.com>

*DFITX   DFA International Real Estate Securities Portfolio (DFITX).* E/R 0.56%.
This fund "/Invest/[s]/ in a broad portfolio of securities of non-U.S.
companies in the real estate industry, including developed and emerging
markets, with a focus on non-U.S. real estate investment trusts (REITs)
or companies that the Advisor considers REIT-like entities./" The fund
is passively managed and weights its holdings roughly in proportion to
each security's market capitalization. Country weights are generally
"/based on the total market capitalization of eligible companies within
each country./"

*DRW    WisdomTree International Real Estate Fund (DRW).* E/R: 0.58%. This ETF
tracks the WisdomTree International Real Estate Index. This is a
dividend-weighted index of REIT-like companies in developed markets
outside North America. The fact that this fund is all foreign companies
should diversify an otherwise all-US portfolio.

*RWX:SPDR DJ Wilshire Intl Real Estate   SPDR DJ Wilshire International Real Estate ETF (RWX).* E/R: 0.60%. This
ETF tracks the Dow Jones Wilshire Ex-US Real Estate Securities Index, an
equity index based upon the global (ex-US) real estate market. The fact
that this fund is all foreign companies should diversify an otherwise
all-US portfolio.

*NGREX Northern Global Real Estate Index Report  Northern Global Real Estate Index Fund (NGREX)*. E/R: 0.65% (actually,
the expense ratio is 0.75% ? it is temporarily reduced to 0.65%, but
that could change at any time without notice). This fund tracks the FTSE
EPRA/NAREIT Global Real Estate Index of real estate companies and REITS
engaged in specific aspects of the North American, European, and Asian
real estate markets. The fact that this fund is about 75% foreign
companies should diversify an otherwise all-US portfolio. This fund has
a redemption fee of 2% on shares sold within 30 days