A company that owns or finances income-producing assets, such as apartments, shopping centers, offices and warehouses. It may also invest in air or water rights, unharvested crops, permanent structures and structural components that are part of a structure but don’t themselves produce income. Shares of REITs can be traded like stocks and can allow owners of the shares to participate in the real estate market.
« Back to Glossary IndexREIT (Real Estate Investment Trust)
by bsmith@carofin.com | May 29, 2024
