During the past years Real Estate Investment Trusts (REITs) have had a strong come-back from the financial crisis and showed an impressive upswing. The REIT regimes responded to the ever changing market environment and are continuously evolving. In the low interest rate environment that followed they have produced attractive returns to their investors.
This booklet will keep you up to speed and allow you to compare and contrast the various REIT regimes in 29 countries.This publication looks at the following aspects of REITs:
• Legal form
• Capital requirements
• Listing requirements
• Restrictions on investors
• Asset / income / activity tests
• Restrictions on foreign assets
• Distribution requirements
• Tax treatment at REIT level
• Withholding tax on distributions
• Tax treatment at the investor level, and
• Transition to REIT/ tax privileges
