X-Nico

5 unusual facts about real estate investment trust


Real estate investment trust

Commonly referred to as S-REITs, there are 26 REITs listed on the Singapore Exchange, with the latest REIT, Soilbuild Business Space REIT, listed on 16 August 2013.

The legislation laying out the rules for REITs in the United Kingdom was enacted in the Finance Act 2006 and came into effect in January 2007 when nine UK property companies converted to REIT status, including five FTSE 100 members at that time: British Land, Hammerson, Land Securities, Liberty International and Slough Estates (now known as "SEGRO").

J-REIT securities are traded on the Tokyo Stock Exchange, and most service providers of the J-REITs are Japanese real estate companies, Japanese conglomerates and foreign investment banks.

REITs have been excluded from the income trust tax legislation passed in the 2007 budget by the Conservative government.

Westfield San Francisco Centre

In May 1997, Urban Shopping Centers, Inc., a Real Estate Investment Trust acquired a half-interest and management of the center.


V-Nee Yeh

Saizen REIT, a real estate investment trust holding a portfolio of Japanese Residential assets, is listed on the Singapore Exchange.


see also

Clearwater Paper

Clearwater Paper Corporation is a pulp and paper product manufacturer that was created on December 9, 2008 via a spin-off from the real estate investment trust (REIT) company Potlatch Corporation.

Glimcher

Glimcher Realty Trust, is a Columbus, Ohio based real estate investment trust