About REIT
About Real Estate Investment Trust (REIT)
A REIT is a pool of assets in which the assets are held by a Trustee as a true owner on behalf of its unit trust holders and does not have a juristic person status. The trust settlor will eventually become the REIT Manager (RM), who will offer trust units to the public. Once received capital from the sale of trust units, the RM will entrust the following fund with the REIT's designated trustee to establish the REIT. The trust deed will assign the REIT Manager to manage the REIT and the trustee to supervise the performance of the REIT Manager and administer the REIT in the best interest of the beneficiary.
Real Estate Investment Trust
REIT is a financial instrument that real estate operators or property owners can use to create an optimal fund-raising structure for the purpose of investment and new project development.
REIT is established
to raise funds from general investors including retail and institutional investors who invest in high-potential real estate.
REIT brings the fundraising
through real estates
in a property fund up to international standards, increasing flexibility in fundraising through management by debt financing experts, and supporting the long-term growth of the Thai real estate industry.
REIT raises funds from investors
to invest in real estate
which generates regular revenue in a form of rent. REIT may acquire ownership in real estate (freehold) or invest in leasehold and then lease such real estate so that REIT can generate regular revenue from rent and pay dividends to investors. The trust manager is the person responsible for managing the trust so that it generates returns for shareholders.
* Source: The Stock Exchange of Thailand
