An arrangement in which a REIT collects a stream of rents from a building owner,then makes a lower,and sometimes fixed,payment to the landowner:

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This arrangement is known as spread investing, where a REIT (Real Estate Investment Trust) collects rental income from a landlord and pays a lower, fixed amount to the landowner. The term "spread" refers to the difference between the rental income and the fixed payment made to the landowner, which represents the REIT's profit.

An Arrangement in Which a REIT Collects a Stream of Rents