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

Published Tue, Feb 24, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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 stamp duty remissions, would be minimal on Reits.

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