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Singapore-listed US Reits mitigate impact of US tax rule changes

Keppel-KBS US Reit and Manulife US Reit have taken steps to preserve transparency; align with changes in US

Manulife US Real Estate Management CEO Jill Smith: "This is a suitable structure for the foreseeable future."


IN a bid to preserve tax transparency, managers of the two Singapore-listed US real estate investment trusts (Reits) have taken certain steps to mitigate the impact of recently announced changes to US tax rules.

One of the effects of the tax bill, which was passed barely...