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CURRENT NEWS AND INFORMATION
So-called non-traded REITs represent a rapidly growing income producing niche among alternative investments.
Office space, incubator program and more than a couch to crash on are on offer.
London, Europe’s most active commercial property market since the start of the global financial crisis, is losing some of its allure as high prices and prospects of a U.K. recession deter investors.
More than five decades ago, a legislation was signed which would allow small-time investors to place their resources in large-scale commercial real estate that would enable them to generate significant profit over time and that law was called the REIT Act which had put together qualities of mutual funds and real estate investments in assorted portfolio arrangements.
THE ESTABLISHMENT of real estate investment trusts (REITs) in the Philippines remains uncertain as the Finance department insists on disputed requirements, but officials are optimistic a compromise will be reached as negotiations continue.
A House committee approved a bill Wednesday night that would slash commercial property taxes by 40 percent over eight years while providing hundreds of millions of dollars in state money to "backfill" lost property tax revenue to school districts, cities
SINGAPORE - A prominent two-level corner space at Peace Centre at the junction of Selegie and Sophia Roads is said to have been sold for slightly over $11 million by its owner, Standard Chartered Bank.
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