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penrose
#1
Real Estate Trusts invest in different types of property - from commercial buildings like cinemas, industrial property and shopping malls - to individual properties like residences as well as state-owned properties like prisons and even golf courses. Sometimes they also finance real estate construction work.


Being an excellent, as well as safe penrose investment instrument that brings one regular returns, the investing concept is fast gaining popularity worldwide. Created by the US Congress in 1960, They are now common in countries like Australia, Canada, France, Holland and Japan. In UK, the REIT's are referred to as Property Investment Funds or PIFs. Many countries like Germany have their own versions of the REIT's.
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