Public non-listed REITs (PNLRs) register with the the Securities and Exchange Commission (SEC), but they do not trade on major securities exchanges. PNLRs operate like listed REITs in nearly every other way, but they typically face redemption restrictions that limit their liquidity. Image What ...
Nontraded REIT Merges With Public One.The article discusses the planned merger of real-estate investment trusts Spirit Realty Capital Inc. and Cole Credit Property Trust II.Wall Street Journal - Eastern EditionSadoviMauraWebber
(whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries ...
PSP Swiss Property Ltd (the holding company) is a public company whose shares are being traded on the SIX Swiss Exchange since March 2000.PSP Swiss Property owns office and commercial properties throughout Switzerland worth CHF 5.7 billion. The properties are mainly in prime locations in Zurich,...
and adverse changes in local economies. The yield from an underlying investment fund could be significantly reduced if it fails to qualify as a REIT (real estate investment trust) for tax purposes. The Fund is "non-diversified" under the Investment Company Act of 1940. Changes in the market ...