Reitas picks new president and spells out plans to engage regulators
It seeks to discuss with regulators issue of lifting gearing cap for S-Reits; plans to compile rules into single guidebook and educate investors on Reits
Singapore
AMONG the issues the Reit Association of Singapore (Reitas) hopes to bring up with various regulators is that of lifting the gearing cap for Singapore-listed real estate investment trusts (S-Reits).
Other issues it plans to address are the consolidating of all guidelines governing S-Reits into a single rule book, and getting clarity on lease top-ups for older industrial properties.
Reitas, which now represents 85 per cent of S-Reits by market cap, said it is also looking to educate investors on Reits with o…
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