Definition
A company owning income-producing real estate or real estate debt that must distribute at least 90% of taxable income.
Example
The equity REIT owned 214 grocery-anchored centers across eleven states.
Related terms
Frequently asked questions
What does Real Estate Investment Trust mean in real estate?
A company owning income-producing real estate or real estate debt that must distribute at least 90% of taxable income.
How is Real Estate Investment Trust used in practice?
The equity REIT owned 214 grocery-anchored centers across eleven states.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.