For a long-term buy and hold person, an unlisted REIT
can be a good investment," he adds.
Alternative investing platforms now use VIA Folio's fully integrated, online offering and brokerage platform to improve investor engagement and access to alternative assets, such as Reg A+ IPOs, Reg D private debt and equity and unlisted REITs
, the company said.
Both publicly traded listed REITs and public unlisted REITs are required to file reports with the SEC, though, as the name suggests, only the shares of publicly traded listed REITs are actually traded on public stock exchanges.
Both publicly traded listed and public unlisted REITs are subject to traditional corporate governance rules, including rules regarding the independence of directors.
Comments made by the interviewees suggest that in Australia a distinction is generally made between listed REITs (generally referred to as listed property trusts or 'LPTs'), and unlisted REITs (generally referred to as unlisted property trusts or 'UPTs') (see also Haast et al.
Listed REITs are known as listed property trusts while unlisted REITs are known as unlisted property trusts (Haast et al.
Top buyers are represented by private equity, pension funds advisors and private unlisted REITS.
The report calls on the government to act to encourage new REITs to emerge, to increase the likelihood of the development of a residential REIT sector and to allow unlisted REITs
In essence, unlisted REITs
are "quasi-public" to the extent they register with the SEC and file quarterly reports.