What does REITS mean?

REITS stands for Real Estate Investment Trusts. In finance, REITs are companies that own, operate, or finance income-generating real estate. They allow individuals to invest in a professionally managed portfolio of real estate properties, such as office buildings, apartments, hotels, and shopping centers, without having to directly buy, manage, or finance the properties themselves. REITs are required to distribute at least 90% of their taxable income to shareholders in the form of dividends, making them an attractive investment for income-seeking investors. They also provide diversification benefits to an investment portfolio, as they often have low correlation with other asset classes, such as stocks and bonds. REITs are regulated by the Securities and Exchange Commission (SEC) and offer a way for individuals to invest in real estate with relatively low capital requirements.