Real Estate

REIT (Real Estate Investment Trust)

A company that owns, operates, or finances income-producing real estate and distributes most profits as dividends.

Definition

A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-generating real estate across various property sectors. REITs are required by law to distribute at least 90% of their taxable income to shareholders as dividends, making them popular income investments. They trade on major stock exchanges like regular stocks, providing liquidity that direct real estate ownership lacks. REIT sectors include residential, commercial, healthcare, data centers, cell towers, and industrial properties. REITs offer diversification, regular income, and inflation protection since rents tend to rise with inflation. The average REIT dividend yield is typically 3-5%, higher than the S&P 500 average.