Direct Purchase Plans
For a simple, low-cost way to invest in a company, many investors look to direct purchase plans. These plans allow you to buy shares in a company without a broker, which differs from a traditional reinvestment plan. Direct purchase plans typically have lower minimum investments than most brokers, and many direct purchase plans also allow participants to make additional cash purchases of shares at little or no cost.
Below is a list of NAREIT member companies offering direct purchase plans:
To find plan information directly for a company, visit their Web site and look under Investor Relations.
Companies with direct purchase plans appoint an outside agent to serve as the administrator for their plan. The administrators maintain plan records, send account statements, furnish certificates for shares and handle share purchases and sales. You may buy direct purchase plan shares directly online at their sites. The major firms are: