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Property fund |

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| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
Property funds are mutual funds that invest in real estate. Funds generated from sale of investment units are reinvested in the property fund and used to purchase or lease more residential and commercial properties and developments for the fund. Rental or sale fees generated by from the fund's properties are also distributed to the investors. Property funds generally are closed-end funds with a limited number of shares, and some may be listed on stock exchanges.



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