SUBSCRIBERS
Of different shares of trust
Published Tue, Nov 26, 2013 · 10:00 PM
IT trades like a real estate investment trust (Reit), and often emulates its characteristics, but business trusts (BTs), sometimes loosely labelled the "poorer cousin" of Reits, operate very differently from Reits.
Broadly speaking, the key differentiating factors between Reits and BTs lie in their development restriction, gearing limit, and minimum distribution payout.
Taking development restriction as an example, Reits have a deve…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions
In San Francisco, a home renovation can become a battle royale
Country Garden extends bonds to avoid first local default
Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow