Real Estate Investment Trust (REIT)

[salbahis]

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What is a REIT?
A "Real Estate Investment Trust" or "REIT" is a stock corporation established principally for the purpose of owning income-generating real estate assets. A corporation becomes a REIT and qualified to avail of the incentives and privileges of the REIT Act when its REIT Plan is rendered effective by the Commission and its listing as a REIT is approved by the stock exchange.

Source: Real Estate Investment Trusts (REITs) – The next big thing in real estate

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Sounds interesting way to invest, does anyone tried this?

[H.Wolowitz]

philippine real estate investment trust [ reit ]