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As expected, impact of Budget 2015 on S-Reits is minimal
Published Tue, Feb 24, 2015 · 09:50 PM
Singapore
SINGAPORE real estate investment trusts (Reits) welcomed the extension of tax incentives on Tuesday, with the FTSE ST Reit index rising a modest 0.6 per cent to 804.29.
Analysts had expected as much - that the impact, both of the incentive extensions and the lapse of the stamp duty remissions, would be minimal on Reits.
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