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real estate investment trust
(redirected from REIT)

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.

real estate investment trust n. nick-named REIT, a real estate investment organization which finds investors and buys real property and gives each investor either a percentage interest in the property itself or an interest in a loan secured by a mortgage or deed of trust on the property. Usually the loan is used to develop the property and build upon it, and then there is a division of profits upon sale---if there is a profit.



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This makes PLife REIT the first Singapore-listed entity to be offered a Shari'ah-compliant revolving credit facility.
Benefits to the contributor can include tax deferral, portfolio diversification, and a stable return on investment, along with the right to redeem partnership interests for cash or REIT shares.
is due to invest in a real estate investment trust affiliated with REIT market player K.
 
 
 
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