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Singapore's strong corp governance and tax support big draws for foreign Reits

Republic's status as Reits hub, region's wealth growth also big pluses

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Singapore's position as the "only Reit market in Asia that has international Reits" was a swing factor, says Manulife US Reit CEO Jill Smith.

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Tax transparency in Singapore is a great plus point for Reits, says Ascott Residence Trust CEO Beh Siew Kim.

Singapore

WHEN Frasers Logistics & Industrial Trust was mulling a listing venue, Australia was a possible choice given the real estate investment trust has more than 65 per cent of its assets Down Under.

However, the Reit eventually decided to list on the Singapore Exchange (...