REITs deliver a wide array of benefits to communities throughout the islands, including quality-of-life improvements through better facilities and infrastructure, such as the state-of-the-art Hale Pawa'a Medical Building in Downtown Honolulu. REITs generate tax revenue that enables the government to deliver important services, and they also create jobs for people in the building trades, as well as in the offices and commercial spaces developed by REITs. In addition, REITs support a variety of non-profits and charitable organizations that provide essential social services.
Helping Local Charities
REITs support nonprofit organizations and charitable causes through monetary contributions and employee time.View Supported Charities
Enhancing Quality of Life
REITs create the places that make life better and more enjoyable for local people, from affordable housing to shopping and entertainment.About the Wide Range of REIT Projects
Creating Jobs for Locals
REITs not only create jobs during construction projects, but they also provide permanent employment for local residents. In 2016, REITs delivered an estimated 12,000 full-time jobs in Hawaii.How REITs Generate Employment
Boosting the Economy
REITs boost economic activity and genverate millions of dollars in tax revenue for the state and counties.REIT Investments Multiply Economic Dividends
"Eighty percent of our business is recurring clientele and we’ve been able to enjoy becoming a part of peoples’ lives. Being at Bishop Square, a REIT-managed property, the personnel have been good to us, and in return we provide a high-quality product for the community to be proud of."
— Thomas Ray
Owner of Square Barrels