However, despite the economic downturn, the office leasing business has proven to be resilient and “pandemic proof” so property firms designed their REITs to have mostly pure office portfolios and market investors have welcomed them with enthusiasm.
A real estate investment trust (REIT) is a stock corporation put up to of own income-generating real estate assets with regular earnings from rent and usage fees such as apartment or office buildings, medical facilities, hotels and resorts, highways, warehouses, shopping centers, railroads, among others.
For property companies, transferring these assets into a REIT allows them to raise fresh and cheaper funds that can be used to finance acquisitions, development, and expansion projects without losing majority control over these assets.
هذه القصة مأخوذة من طبعة September 10, 2021 من Manila Bulletin.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 10, 2021 من Manila Bulletin.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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