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Citiland Property Consultants
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Property Information
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Reg. No: VE (3) 0150
S1 & S2, 1st Floor,
Gaya Park Mile 3.5,
Jalan Penampang,
88300 Kota Kinabalu Sabah
Tel: 088-715010
Fax: 088-711453
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Real Estate Glossary of the
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Real Estate Investment Trusts (REITs)
REITs are common to many economies with a developed property market. Generally they are close ended companies or trusts that hold, manage and maintain real estate for investment purposes which is leased to tenants. A key feature is that the tax treatment of property investment held indirectly through a REIT is broadly comparable to that of property held directly. This ensures that investors may make commercial decisions without taxation factors having a disproportionate influence.
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