REIT


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REIT

(rīt)
n.
A company that purchases and manages real estate or real estate loans, using money invested by its shareholders.

[r(eal) e(state) i(nvestment) t(rust).]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

REIT

(rit)

n.
real-estate investment trust.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun 1. REIT - an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
'The new regulation will allow the insurance and pre-need companies to hit the ground running as early as the first listing of a Philippine REIT,' he added.
'Taking into consideration much-anticipated amendments to the implementing rules and regulations of the REIT Law by the SEC and the 'Build, Build, Build' infrastructure program of the Duterte administration, the issuance of the investment guidelines for the insurance and preneed companies is very timely to ensure that insurers and preneed industry players are well-prepared,' according to Funa.
"While the Insurance Code specifically allows insurance companies to invest in REIT, it is not a self-executory provision.
Addressing a press conference on Tuesday, the ISE-REIT chairman and board of directors highlighted the issues faced by the real estate investment trust (REIT) sector and proposed a supportive framework for its development.
where the UAE REIT is a private UAE REIT, at least 75 percent of its total assets must be invested in real estate, whether in the form of construction, development or re-fitting, providing it is in preparation for sale, management, lease or disposal;
12 April 2019 - Florida, US-based REIT Carter Validus Mission Critical REIT, Inc.
In the UAE, there are currently two listed REITs -- Emirates REIT and ENBD REIT, both Sharia compliant, listed on Nasdaq Dubai and very active in the UAE market.
A Reit is a company that owns, operates or finances income-producing real estate.
Establishment of The REITs to Capture Opportunities Along Eurasia
Therefore the tax proposals submitted by REIT industry should be considered by FBR and Ministry of Finance for boosting this sector, Chairman viewed.
Before exploring the reasons to invest in REITs, let us first understand the basics of REIT and its types.

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