real property fund definition
real property fund means a unit trust or mutual fund that invests only in listed property shares, that is, in shares that trade on stock exchanges. Such shares or property companies own office blocks, shopping centres, hotels, industrial property, etc and receive rental income from letting their space to customers.
real property fund means a mutual or pooled fund or a segregated fund, the principal object of which is to provide investors with a means of investing in a portfolio of real property or leaseholds;