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Expiring tax break may keep new Reits away

Listings next year could be affected if the tax break for income from assets held abroad is allowed to lapse
Tuesday, December 2, 2014 - 05:50
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Concor Park (Munich), one of the four office properties that make up IReit Global’s initial portfolio. The number of new S-Reit (Singapore real estate investment trust) listings next year could be affected if a tax break for income from assets held abroad by these trusts is allowed to lapse in 2015.

Singapore

THE number of new S-Reit (Singapore real estate investment trust) listings next year could be affected if a tax break for income from assets held abroad by these trusts is allowed to lapse in 2015.

This comes as Singapore remains the largest Reit market in Asia excluding