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The asset class that delivers capital appreciation and annuity income |
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The asset class that delivers capital appreciation and annuity income |
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Contributor: Estienne de Klerk, REIT committee chairman
From 1 May 2013, a new listed property structure will become effective in South Africa, bringing tax certainty to the sector: The SA REIT. This monumental change for the sector brings it in line with global best practice.
But the SA REIT’s significance goes beyond its tax certainty and internationally-recognised structure. One of the most notable features of the SA REIT is how came to be.
Over six years ago, the listed property sector began working towards introducing the REIT...
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