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).]

REIT

(rit)

n.
real-estate investment trust.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.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
References in periodicals archive ?
The government recognized that REITs need to compete so they basically said here's the opportunity to do just that with these services," said Les Loffman, national director of REIT services for Ernst & Young.
Generally speaking, an Islamic REIT is a collective investment scheme in real estate in which the tenants operate permissible activities according to the Sharia," explains Dr Aznan Hasan, member of the Sharia Advisory Council of Malaysia's Central Bank and member of the Sharia Advisory Council of the Securities Commission of Malaysia.
REIT II will continue as the surviving entity and REIT II's operating partnership will merge with and into REIT I's operating partnership, with REIT I's operating partnership continuing as the "surviving partnership".
Simply put, a REIT is a business entity (corporation, LLC electing to be taxed as a corporation or business trust) that meets a series of requirements set forth in the Internal Revenue Code and has elected REIT treatment.
Milton Cheng, partner and head of the Firm s REIT practice in Hong Kong and China, and Andrew Lockhart, partner and co-head of the Firm's Hong Kong Banking & Finance practice, led the Baker & McKenzie team advising DB Trustees (Hong Kong) Limited, the trustee of Regal REIT.
According to a May report on REITs in Asia from CB Richard Ellis, nearly a dozen more are expected to list later this year.
857(b)(5), the fraction's numerator is REIT taxable income computed without regard to (1) the dividends-paid deduction (DPD); (2) the deduction for the Sec.
Reinforcing Lewis' view are the actions of Meditrust, the nation's largest health care REIT.
A REIT is a publicly traded company fund with its assets in some form of real estate.
At least 75% of the income must be derived from real estate transactions, gains on other REIT shares, real property tax refunds, gains from foreclosed property, rent from real property, interest on mortgages, gains from the sale or disposition of most real property or real property interests and qualified temporary investment interest.
We agree that the current REIT "gold rush" will create opportunities to put good money into bad investments.
KBS REIT I and KBS REIT II are non-traded REITs, meaning they typically are not traded on a national securities exchange.