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:
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Automatic Dividend Reinvestment--Most REITs allow investors to automatically reinvest dividends (similar to the reinvestment option allowed by mutual funds).
Funa stipulated under Circular 2019-27 that the REIT must have prior approval of the Securities and Exchange Commission (SEC) and shall be limited to publicly listed REITs only for it to be treated as admitted assets of an insurance or pre-need company.
2019-27 issued on June 21, the IC said REITs could be admitted assets of insurance firms and mutual benefit associations (MBAs); for preneed providers, REITs can be allowable investments.
Funa said that the aggregate placement in REITs should not exceed 10 percent of the total admitted assets of a life insurance firm and MBA or 20 percent of the total net worth of non-life insurance company or professional reinsurance firm.
ISLAMABAD -- As the country is yet to regulate the real state sector, where, as per an estimate, Rs700 billion are parked, the ISE Towers REIT Management Company Limited (ISE-REIT), formerly known as the Islamabad Stock Exchange, has proposed the establishment of a separate regulatory authority to monitor/regulate the real estate sector.
UAE REITs also have access to a wide market, being able to offer their units to investors residing in the UAE (excluding the DIFC and ADGM) without the need to appoint a local distributor, utilise the new Fund Passporting Rules or rely on cross border marketing practices (which we note are coming under increasing scrutiny by the SCA).
Reits are funds that own income-producing real estate and distribute a proportion of their income as dividends to shareholders.
DFM has published rules on listing and trading REITs as a precursor to launching its REITs platform Image Credit: Gulf News Archives
The study, The Emergence of Real Estate Investment Trusts in the Middle East, launched by PwC Middle East, finds that market capitalisation of Reits compared to listed real estate companies in the UAE is around 3 per cent.
HONG KONG, Oct 29, 2018 - (ACN Newswire) - Affluent Partners Holdings Limited and its subsidiaries (the "Group"; stock code: 1466), are principally engaged in purchasing, processing, designing, production and wholesale distribution of pearls and jewellery products and operation of strategic investment and financial services, has announced that it has entered into a collaboration agreement (the "Collaboration Agreement") with Equitativa Real Estate Limited ("Equitativa") in relation to setting up REITs (the "REITs") in order to capture more business opportunities along Eurasia.
segregation of documentary requirements for developmental and rental REITs, permission to borrow against REIT assets, acquisition of commercially viable properties and permission to raise funds