Which of these claims about infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) is false?
1
These are the systems that enable real estate investors to make investments without really owning physical properties.
2
The National Stock Exchange allows for the trading of REITs and InvITs.
3
Eighty percent of all investments made by REITs must be in rental or other income-producing real estate.
4
Investments in REIT units can be made by an individual investor, while InvIT unit purchases are restricted to institutional investors only.