A Real Estate Investment Trust - REIT (pronounced ‘reet’) - is a company that owns, and often operates, income-producing property. The REIT is the international standard. More than 25 countries in the world use a similar REIT model like the US, Australia, Belgium, France, Hong Kong, Japan, Singapore and the UK.
A South African REIT - SA REIT (pronounced 'essay reet') - is a listed property investment
vehicle that is similar to internationally recognised REIT structures from around the world. Listed
Company REITs or Trust REITs are publically traded on the JSE REIT board and qualify for the
REIT tax dispensation.
A JSE-listed SA REIT must:
Company REITs may be internally managed or externally managed. Trust REITs are externally managed.