More Reits can be enticed to list here, says SMU don

Singapore

THERE are a number of ways more real-estate investment trusts (Reits) can be attracted to list in Singapore, which would enhance the vibrancy of the Singapore Exchange, guests at the inaugural Mapletree annual lecture were told on Monday.

Francis Koh, a professor of finance at the Singapore Management University (SMU) and a Mapletree Professor of Real Estate, said: "We have a good environment with the tax pass-through (of income received by S-Reits), and waiver of stamp duties in the purchase of properties by S-Reits.