Real Estate

The real estate category covers investment in:

• residential real estate (including property that is zoned other than residential real estate but including a component of residential);
• commercial real estate;
• rural land;
• accommodation facilities, which can include hotels/motels, hostels and serviced apartments; and
• urban land corporations/trusts, ie the trust or corporation holds more than 50 per cent of its assets in urban land (vacant or developed).

This category also includes a section on compliance issues.