REIT or Real Estate Investment Trust is a trust which invest in properties. REIT have been started in Malaysia as early as 2005 with Axis REIT being the first REIT listed on Bursa Malaysia.
Why REIT? In a life time, personally, we cannot afford to buy skyscraper office building. However, with REIT we can buy a share of skyscraper office building. REIT enable to us to invest in strategic and expensive property indirectly and without much management. Isn’t it solving our dilemma for investing in other type of property besides residential and retail property?
