In order for a company in U.S. to qualify as a REIT, it must comply with certain provisions within the Internal Revenue Code. As required by the Tax Code, a REIT must: Be an entity that is taxable as a corporation Be managed by a board of directors or trustees Have shares that are fully [...]

In a developed REITS market like U.S.,there are many REITs and there are also different types of REITS. Statistics: There are approximately 200 publicly traded REITs in the today, with assets totaling more than $475 billion. The shares of these companies are traded on major stock exchanges, which sets them apart from traditional real estate. [...]

Append below are some of the Publc REITS in Canada: (1) Allied Property REIT Allied Property REIT is a leading owner of Class I (“brick-and-beam”) office properties in Toronto and a leading office property owner in the large areas immediately to the east and west of Toronto’s downtown core.http://www.alliedpropertiesreit.com (2) Canadian REIT CREIT owns a [...]

ProLogis is a real estate investment trust (REIT) that operates a global network of industrial distribution properties. ProLogis is headquartered in Denver,Colorado. ProLogis is the world’s largest owner, manager and developer of distribution facilities, with 446.9 million square feet of industrial space (41.5 million square meters) in 105 markets across North America, Asia and Europe. [...]

Also known as SIMON, an S&P 500 company headquartered in Indianapolis, Indiana, is the largest public U.S. real estate company.Simon Property Group, Inc. operates as a real estate investment trust (REIT) engaged in the ownership, development and management of high-quality retail real estate.Simon is a fully integrated real estate company which operates from five major [...]

Append below an interesting table to reflect the difference in REITs’ yield versus risk free 10 Year Government Bond. REITs’ seems to have lot more potential where the difference or spread over risk free is greater. Country Yield 10 Yr Govt Bond Spread Over Risk Free (bps) Japan 4% 1.6% 240 USA 4% 4.8% -80 [...]

The 2006 Market segmentation of the Global REITS in terms of :- (a) Types of REITS: Retail 24.30% Office 21.40% Residential 15.20% Specialized 13.90% Industralized 8.80% Other 16.40% Total 100.0% (b) Geography Of REITS:- Geography % Share United States 73.60% Australia 16.40% Japan 5.70% Canada 4.40% Total 100.00% The compound annual growth rate of the [...]