property investment trusts

Property investment trusts (PITs), or real estate investment trusts (REITs), are companies that own, operate, or finance income-producing real estate. Investors buy shares in these trusts, gaining access to a diversified property portfolio without direct property management. PITs generate rental income and capital gains, which are regularly distributed to shareholders as dividends. They are traded on stock exchanges, offering liquidity and transparency. PITs provide a way to invest in real estate assets with lower capital requirements, diversification, and professional management, making them a popular option for individuals seeking exposure to property markets without the complexities of direct ownership.