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Understanding the `animal'
 
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Understanding the `animal'
Aug 17, 2010
NSTP
What's a REIT?REIT stands for Real Estate Investment Trust. It's a trust fund that holds or invests in rental properties. A REIT's main income is rental and it is required by regulations to distribute most of its profits as dividends to its unitholders.Is a REIT a unit trust?No, a unit trust is sold via agents or banks...

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