which type of real estate investment trust is designed to deal exclusively in equities
Real estate investment trust REITs can be publicly traded on major exchanges, public but non-listed, or private.[3] The two main types of REITs are equity REITs[4] and mortgage REITs (mREITs).[5] In November 2014, equity REITs were recognized as a distinct asset class[6] in the Global Industry Classification Standard by S&P Dow Jones Indices and MSCI. The key statistics to examine the financial position and operation of a REIT are net asset value (NAV), funds from operations (FFO), and adjusted funds from operations (AFFO).