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BUDGET 2015

As expected, impact of Budget 2015 on S-Reits is minimal

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Junction 8 owned by CapitaMall Trust.Singapore real estate investment trusts (Reits) welcomed the extension of tax incentives on Tuesday, with the FTSE ST Reit index rising a modest 0.6 per cent to 804.29.

Singapore

SINGAPORE real estate investment trusts (Reits) welcomed the extension of tax incentives on Tuesday, with the FTSE ST Reit index rising a modest 0.6 per cent to 804.29.

Analysts had expected as much - that the impact, both of the incentive extensions and the lapse of the...

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