REIT

Real Estate Investment Trust (REIT) is a fund mobilizing vehicle for business entities to finance the current activity or to develop a new project. A REIT provides investors with an alternative in investment, and benefits from investing in real estate projects without having to put up a sizable outlay as normally required in a direct investment in real estate. Furthermore, the investment is professionally administered by experts in the area.

Status and structure

• A REIT is not a juristic person, but a pool of assets owned by a trustee. 
• A trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are the beneficiaries of the trust. 
• A REIT is regulated under 2 major laws: 1. The Trust for Transactions in Capital Market Act B.E. 2550 2. Securities and Exchange Act. B.E 2535.
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Source: SET & SEC