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On the corporate governance of REITs

ANDY TAN looks into whether the structure of S-Reits can be streamlined while they continue to retain their tax exempt status

REAL estate investment trusts (REITs) are hot properties. According to the Asia Pacific Real Estate Association, REITs have outperformed the equity and bond markets as an asset class.

From 2011 to 2013, Asian REITs returned 8.2 per cent per annum (measured on the TR/GPR/APREA Composite