Singapore Budget 2016: Tax moves to boost the S-Reit market
It has been dampened by the spectre of rising interest rates, stockmarket volatility, slowing global trade and sluggish economic growth.
WITH only one successful Reit (real estate investment trust) listing in Singapore in 2015 despite the pipeline of Reit aspirants, it is quite evident that the spectre of rising interest rates, stockmarket volatility, slowing global trade and sluggish economic growth have dampened the Singapore real estate investment trust (S-Reit) market.
As economic fundamentals appear to remain weak - if not worsen - and continued uncertainty as to when recovery in growth is expected, what more can Singapore do to boost the S-Reit market?
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