Investing term

What is REIT?

A Real Estate Investment Trust — a company that owns income-producing real estate and trades on a stock exchange.

A REIT (Real Estate Investment Trust) is a company that owns income-producing real estate — offices, apartments, warehouses, shops — and trades on a stock exchange like any other stock. It lets you invest in property and collect a share of the rental income without buying, financing, or managing buildings yourself.

REITs are typically required to pass most of their taxable income to shareholders as dividends, which is why they tend to be higher-yielding than the average stock. That makes them a popular income holding and a way to add real-estate exposure to a portfolio in a liquid, diversified form — you can buy or sell a REIT in seconds, unlike an actual building.

Landlording without the tenants
A REIT owns buildings and passes their rent to you as dividendsPropertiesoffices, flats, warehousesRentstenants payYour dividendpaid to shareholders

A REIT owns income-producing property and passes most of the rent to shareholders as dividends. You get diversified real-estate income in a liquid share — but it swings like a stock.

For example

Buy shares in a REIT and you own a slice of hundreds of properties, collecting a dividend funded by their rents — landlording without the tenants.

Learn it by doing

That's REIT in theory — it clicks when you use it. Practise it hands-on in a free, interactive lesson (Stage 4, Stocks, Bonds, Cash & Alternatives).

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Why it matters to you

REITs matter because they solve the biggest problems with owning property directly: the huge cost, the illiquidity, and the hassle of being a landlord. Through a single liquid share you get diversified exposure to real estate and a steady income stream. They also behave somewhat differently from the broad stock market at times, adding a modest diversification benefit — though as listed shares, they still swing with markets more than physical property does.

Expecting REITs to be as steady as property

Because REITs trade as shares, their prices swing with the stock market and interest rates, often more than the underlying buildings' values do — they can fall sharply in a market panic even if rents hold up. A REIT gives you real-estate income in liquid form, but it behaves like a volatile stock, not like a stable, slow-moving property.

Frequently asked questions

What is a REIT?

A REIT (Real Estate Investment Trust) is a company that owns income-producing real estate and trades on a stock exchange. Buying its shares gives you a slice of its properties and a share of the rental income as dividends, without directly owning or managing buildings.

How do REITs make money for investors?

Mainly through dividends funded by the rent their properties collect, plus any rise in the share price as the underlying real estate appreciates. REITs are typically required to distribute most of their income to shareholders, which is why they tend to pay higher dividends than average stocks.

Are REITs a good way to invest in real estate?

They're a convenient, liquid way to get diversified property exposure and income without the cost and hassle of buying buildings. The trade-off is that REITs trade like stocks, so their prices swing with markets and interest rates more than physical property does. A broad REIT fund spreads the risk further.

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Related terms

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