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real estate investment trust

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.03 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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? References in periodicals archive
This new transaction includes a direct lease with Wells Real Estate Investment Trust for 12,275 square feet on the entire 29th floor.
Securities exchange adds 22,000 s/f at Wells REIT's 60 Broad Street by Real Estate Weekly
Los Angeles-based Real Estate Investment Trust of California filed an S-2 registration statement with the SEC for 2.
Real Estate Investment Trust of California by Los Angeles Business Journal
TORONTO -- RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.
RioCan Real Estate Investment Trust Announces March 2006 Distribution by Business Wire
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