Property funds pool investors’ money to invest in property directly, through property companies, or in related assets, while REITs are companies listed on a stock exchange that own or finance income-producing property. REITs can usually be bought and sold through an investment account, whereas property funds may have different dealing terms and withdrawal limits. Both can provide exposure to property without buying a building, but their values and income can fall, and they may be affected by interest rates, vacancies and property market conditions. Tax treatment, charges and access rules vary, so check the fund documents and current guidance from Revenue or a regulated financial adviser.