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Genesis Property
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Property Information
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Reg. No: E (3) 0173
80A, Jalan SS 15/4,
Subang Jaya,
47500 Petaling Jaya
Selangor
Tel: 03-56364636
Fax: 03-56369089
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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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