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What's real estate? Depends on who you ask
MAS does not prescribe what constitutes "real estate" in the portfolios of Reits and business trusts
Published Thu, Nov 5, 2015 · 09:50 PM
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Singapore
WHAT is real estate?
Are data centres real estate? What about fibre optic networks, cell towers, and energy infrastructure? Outdoor billboards, gaming facilities, timberland and prisons? These are the kinds of assets that have been "reited" in real estate investment trusts in the US in recent years.
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