Philadelphia Pennsylvania Real Estate Investment Trust Advisory Agreement

State:
Multi-State
County:
Philadelphia
Control #:
US-0147BG
Format:
Word; 
Rich Text
Instant download

Description

A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment building to warehouses, hospitals, shopping centers, hotels and even timberlands. Some REITs also engage in financing real estate. REITs were designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks. REITs are strong income vehicles because REITs must pay out at least 90% of their taxable income in the form of dividends to shareholders.
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Philadelphia Pennsylvania Real Estate Investment Trust Advisory Agreement