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REIT
[reet]
noun
real-estate investment trust.
Example Sentences
The company is structured as a real estate investment trust, or REIT, a kind of business normally known for paying large dividends.
Investors are increasingly looking to cash out of private REITs amid a growing disparity in their returns and those generated by public REITS.
"REITS had a fantastic performance for a couple of months but when you have that outperformance, investors don't react to traditional fundamental signals such as rising rates," she said.
The redemptions have fueled investor concerns about the future of the REIT.
A Blackstone spokesperson said the REIT's portfolio was concentrated in rental housing and logistics and relied on a long-term fixed rate debt structure, making it resilient.
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