REIT or Real Estate Investment Trust is an investment vehicle (trust) that pool investor funds to purchase a portfolio of properties.  A REIT may be sponsored by a property company that has already had a portfolio of properties and wanted to get more cash to purchase more properties.  Normally, it has two unique characteristics: investment in income-producing properties, and almost all of its profits distributed to investors as dividends. By the time I write this article (January 2011), there are two REITs originating in Indonesia, but not listed in Indonesia.  It is the First REIT, and LMIR REIT, both were listed by Lippo Group.  First REIT is a hospital and hospitality REIT with portfolio of several Siloam Hospitals in Indonesia (now add several more…

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