The Impact of REITs (Real Estate Investment Trust) on the Development of Residential Construction
Purpose: This article analyses functioning of REITs and their impact on the development of residential construction. Design/Methodology/Approach: The research employs an analytical approach predicated on macroeconomic showing, among other things, the impact of construction on economic development. Findings: The development of REITs in many countries shows that they not only have an impact on obtaining higher rates of return for investors, but by facilitating the financing of development projects, they also have a significant impact on economic development. Practical Implications: The study’s findings can provide policymakers, in countries such as Poland, with benefits associated with the introduction of such regulations conducive to the development of this type of institution.. Originality/Value: The article contributes to the understanding of functioning of REIT type institutions emphasizing the importance of introducing appropriate regulations necessary for their development.