No, it's t+ 1. Investors buy on t and sell on T+ 1. Generally, the buying and selling is carried out according to 100, or an integer multiple of 100. If there are not enough 100 copies at the time of sale, you need to declare the sale at one time.

Is the public offering of REITS a fund or a stock?

Fund. Reits fund, also called real estate investment trust fund, mainly invests in real estate, such as highways. For example, if a fund invests in a highway, the toll collected is income, which will be distributed to investors in proportion.