The Korea Real Estate Investment Trust (K-REIT) is a type of investment vehicle that allows individuals to invest in real estate properties without directly owning them. K-REITs typically pool funds from multiple investors to purchase, manage, and sell income-generating properties, such as office buildings, shopping malls, and residential complexes. They provide investors with a way to earn returns through rental income and property appreciation. K-REITs are regulated by the Financial Services Commission in South Korea and must adhere to specific guidelines regarding asset allocation and distribution of income. Investors benefit from diversification, as K-REITs often hold a variety of properties, reducing the risk associated with individual real estate investments.