A property trust is a collective investment vehicle that pools capital from multiple individual investors to purchase, manage, and operate a diversified portfolio of physical real estate assets, such as commercial office blocks, retail shopping centers, industrial warehouses, or residential housing complexes. By investing in a property trust, individuals gain fractional ownership in large-scale real estate without needing the massive capital required to buy properties outright. These trusts generate returns primarily through rental income collected from commercial or residential tenants, as well as long-term capital appreciation of the underlying physical real estate holdings.