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Wingfield Properties
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Google Property Information
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Reg. E (3) 0734
18-I,Jalan Kampung Melayu,
11500 Ayer Itam,
Penang
Tel: 04-8282333
Fax: 04-8261631
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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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