'Despite the fact that a decade has passed since the REIT
lapsed into law, no Philippine REIT
has been incorporated or established.
'The new regulation will allow the insurance and preneed companies to hit the ground running as early as the first listing of a Philippine REIT
,' he said.
refer to listed companies that own and operate infrastructure facilities, such as toll ways, airports, and high-ways and income-producing real estate such as condominiums, shopping centers, office spaces, hotels, and resorts, and hospitals.
They were of the view that owing to a restricted legal framework, the REIT
sector could not flourish to a laudable extent.
where the UAE REIT
owns one or more real estate service companies, the UAE REIT
Regulations now stipulate that investments in such service company(ies) cannot exceed 20 percent of the UAE REIT
's total assets;
Under the terms of the merger agreement, CVMC REIT
I stockholders will receive USD 1.00 per share in cash and .4681 shares of CVMC REIT
II class A common stock for each share of CVMC REIT
I common stock owned.
Summary: Islamic REITs
have proved popular in the region
The PwC study also foresees a shift in business models with Reit
investors moving away from being 'generalist' aggregators of real estate assets to becoming 'specialists' within a particular real estate asset class.
HONG KONG, Oct 29, 2018 - (ACN Newswire) - Affluent Partners Holdings Limited and its subsidiaries (the "Group"; stock code: 1466), are principally engaged in purchasing, processing, designing, production and wholesale distribution of pearls and jewellery products and operation of strategic investment and financial services, has announced that it has entered into a collaboration agreement (the "Collaboration Agreement") with Equitativa Real Estate Limited ("Equitativa") in relation to setting up REITs
") in order to capture more business opportunities along Eurasia.
was launched because, among other factors, the requirements for setting up a REIT
scheme were considered rigid.
According to India Infoline, REIT
which stands for Real Estate Investment Trust is similar to that of a mutual fund, but instead of investing in stocks or bonds, it tends to invest in the real estate.