PropertyEU

German government adopts REITs legislation

By A staff reporter 2006-10-02T00:00:00

The German Coalition Cabinet has backed draft legislation for the introduction of real estate investment trusts (German REITS or G-Reits). As expected, properties that are 50% or more residential and built before 2007 have been excluded from the REITs. This is a bid by Finance minister Peer Steinbrueck (SPD) to ...

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