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In income-tax lingo, a QTIP is a qualified terminable interest property trust.
Pub group Enterprise Inns yesterday said it plans to convert to a tax-efficient property trust.
One of his favorite established REITs is Essex Property Trust, which owns and operates apartment houses on the West Coast.
KEYSTONE PROPERTY TRUST, West Conshohocken, Pa., bought International Corporate Park for $114.4 million to enter the Miami market.
Investa, an Australian listed property trust, has stepped up its attempt to buy the Principal Office Fund.
But WRT shareholders have been less enthusiastic, especially those who bought into the property trust after it was spun off from its parent company in 2010.
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He also recommends Camden Property Trust because of its concentration of properties in Houston, which is a growth market.
He singled out another REIT hybrid, Liberty Property Trust, which owns office and industrial property in diverse regions.
The Retail Property Trust RPTT) is a private real estate investment trust (REIT) formed in 1986 to acquire interests in high-quality regional malls.
Simon became an owner in 1997, when it acquired Retail Property Trust, a private real estate investment trust that owned 10 enclosed malls and one community shopping center.
His father, a founder of Paragon Group, a real estate investment trust in Dallas, is a director of Camden Property Trust of Houston, which acquired Paragon.
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