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Hakimi & Associates Sdn Bhd
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Property Information
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Reg. No: VE (1) 0047
No. E 2/3,
Jalan Selaman 1/2,
Dataran Palma,
68000 Ampang Selangor
Tel: 03-42703400
Fax: 03-42703130
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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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