Financial Glossary

A REIT is a company that owns and operates income-generating real estate, trading like a stock while paying out most profits as dividends.

A partnership where multiple investors pool money to buy property too expensive for individual purchase, sharing profits and risks.

Replacing an existing loan with a new one, typically to secure better interest rates, terms, or access equity built up in the property.

Annual rental income from a property expressed as a percentage of its current market value or purchase price.