Real Estate Investment Trust – Understanding Real Estate Investment Trust
Real estate is real property consisting of the buildings and land on it, and its accompanying natural resources like water, minerals or plants; immovable property including residential, commercial or industrial buildings; a right to enjoy the possession of the property, structures or houses in common, immovable personalty of this kind. The major categories of real estate include the landed property (which includes buildings constructed for permanent occupation), residential real estate (which includes real estates intended for single family dwellings), business real estate (which includes immovable personalty like warehouses, office buildings, retail stores) and the vacant land (which includes undeveloped lands). In UK, there are two kinds of real estate: leasehold real estate and propri...