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Singapore unfazed after India ups Reit game

Local market still offers host of benefits; at worst, it'll just be harder to attract India Reits, say industry players

Published Thu, Mar 10, 2016 · 09:50 PM
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Singapore

INDIA last week cleared its final major hurdle to the creation of a tax-efficient real estate investment trust (Reit) market. But Singapore players are not too worried about how that would impact the domestic Reit sector here.

At most, the rule change may make it harder for Singapore to lure India Reits to list on the Singapore Exchange, they say.

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