What does REIT stand for?

REIT stands for real estate Investment Trust. It is a company that owns, operates, or finances income-generating real estate across various property sectors. REITs provide a way for individual investors to earn a share of the income produced through commercial real estate ownership without having to buy, manage, or finance any properties directly. They are typically traded on major stock exchanges and must distribute at least 90% of their taxable income to shareholders in the form of dividends.