 With the excuse of corporate tax with the Corporate Tax Law Clause 8/4 to encourage the institutionalization in real estate market, interest in this finance model is highly increased. In 2004, Capital Market Regulations about REIT firms are mostly changed and by expanding investment areas, clauses about protection of investors and application of corporate management principles are added to regulations. In our country great part of investments of individuals are real estate investments so participation of corporate capital to construction sector is very important. With the application of long term residence financing, it is expected that REITs will be major actors as a new capital market association as they bring corporal capital to sector. While making investments to rental real estate portfolio in the first years, after growing in a time mostly functioning as real estate developer and as a result of this ratio of developing projects in their portfolio has raised. With 2006 while the REITs are still mostly having commercial real estate based portfolios, they have increasingly turned to residence and shopping mall investments.
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