Based on real estate assets, we can raise funds by issuing stocks or income certificates, hand them over to special investment institutions for investment, operation and management, and distribute the comprehensive income of investment to investors in proportion, so as to realize the securitization of real estate.

1. From the organizational form, REITs can be divided into corporate REITs and contractual REITs.

2. According to different investment forms, REITs can be divided into equity REITs, mortgage REITs and mixed REITs.

3. REITs can be divided into public offering REITs and private offering REITs according to the different issuing methods and raising objects.

4. According to different management modes, REITs can be divided into external management REITs and internal management REITs. Real estate investment trust fund, also known as "real estate investment trust fund", was originally defined as "unincorporated organization with multiple trustees as managers and convertible income shares".