PropertyEU

Aedes set to pioneer Italian REITs

By A staff reporter 2007-02-14T00:00:00

The board of Italian property company Aedes has approved conversion to a SIIQ, the Italian equivalent of the real estate investment vehicle (REIT). The decision follows the approval in late December of legislation to introduce the tax-efficient trusts as part of Italy's 2007 budget law. Although the Italian REIT is ...

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