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Smiths Gore
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Google Property Information
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Reg. No: VE (1) 0056
Suite One, 10th Floor,Menara Jubili,
53 Jalan Gaya,
88000 Kota Kinabalu
Sabah
Tel: 088-233092
Fax: 088-237214
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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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