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Rahim & Co Chareterd
Surveyors (Penang)
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Google Property Information
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Reg. No: VE 0065/1
Lot 10.01, Level 10,Menara Kwsp,
No. 38, Jalan Sultan Ahmad Shah,
10050 Penang,
Penang
Tel: 04-2299013
Fax: 04-2273326
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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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