The SM Group, one of the biggest corporate land holder in the country, decided to pass on the forming of a Real Estate Investment Trust (REIT) due to a provision that required at least 40 percent public ownership on the firm. Read the rest of this entry »
No REIT for SM group due to ownership rule
August 5, 2011
Finance buckles to pressure on REIT
February 17, 2011
AFTER much bluster, fiscal authorities have bowed to market pressure to lower the public float requirement that qualifies a real estate investment trust (REIT) to tax perks. Read the rest of this entry »
