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18
Oct

what is REIT ?

a REIT ( real estate investment trust ) is an investment instrument / vehicle
a lot of people can pool in money and lend it to a real estate company for development of a project
could be a mall , an office complex , mixed use – office , residential , commercial use ( mall , restaurants )
the money is returned after the project is completed and the lender gets a fixed rate of interest , set by the borrower
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