real-estate investment trust

American  

noun

1. an unincorporated trust created for the purpose of investing in real property or to extend credit to those engaged in construction. REIT

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Example Sentences

A company looking to be a real-estate investment trust, which generates income from tenants, needs to have tenants to generate income.

From MarketWatch

In 1993, the firm put most of its properties into a new company, Simon Property Group, and went public in what was, at the time, the biggest initial public offering in history for a real-estate investment trust.

From The Wall Street Journal

Vici Properties, the real-estate investment trust that was spun off in Caesars’ bankruptcy proceedings in 2017 and counts Caesars as a major tenant, had been viewed as a potential roadblock to a deal.

From The Wall Street Journal

Blackstone went through a multiyear net withdrawal period at its giant nontraded real-estate investment trust fund, Breit.

From The Wall Street Journal

While equity investors have conviction on the value of a warehouse at the end of a lease, they’re less certain about the value of data centers, said Ronald Kamdem, head of U.S. real-estate investment trust and commercial real-estate research at Morgan Stanley.

From The Wall Street Journal