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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

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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

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