REITs are a familiar investment vehicle. REITs are single purpose trust entities that allow investors to participate in the potential revenue stream from a portfolio of properties.
REITs can be privately held or listed and traded publicly on a recognized exchange.
Key Attributes
Structured to minimize or eliminate corporate income taxes for companies investing in real estate.
Canadian REITs distribute a minimum of 90% of taxable income to investors, offering a steady stream of cash flow (distributions may be taxable to recipients).