Reit rule changes could be announced in May: Nomura
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Singapore
NOMURA said in a Wednesday report that it believes the final changes to regulations for real estate investment trusts (Reits) could be announced sometime this month.
Most other analysts are expecting a confirmation of the rules in the second quarter of this year. Reit Association of Singapore CEO Sonny Tan told The Business Times that a recent check with the Monetary Authority of Singapore (MAS) led the central bank to reply that it was still "work in progress".
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