Real Estate Investment Trust Malaysia
Reits must comply with the requirements of the guidelines on listed real estate investment trusts reits by the capital markets and services act 2007 for listing on bursa malaysia.
Real estate investment trust malaysia. Our assets are strategically located in the heart of the golden triangle of kuala lumpur and benefit from growth in malaysia s economy. All reits seeking listing on bursa malaysia will require securities commission s approval under section 212 of the capital market services act 2007. From here on out we will be discussing reits in malaysia. The first reit formed in malaysia is axis reit all the way back in 2004 a good 44 years after our friends in the usa.
It also allows investors to gain access to valuable properties too large for any individual investor. A real estate investment trust reit that aims to sell its real estate holdings within a specified time frame so as to realize capital gains on its properties. Shares in public listed property companies listed or. Malaysia is one of the countries in asia which have made great strides in reits market.
Welcome to pavilion reit pavilion real estate investment trust pavilion reit is one of the largest retail concentrated reit in malaysia. The first reit was created in the united states back in 1960 giving investors the opportunity to invest in huge real estates. Real estate investment trust or reit is a collective investment vehicle in the form of a trust fund which pools money from investors and uses the pooled capital to buy manage and sell real estate assets such as residential or commercial buildings retail or industrial lots or other real estate related assets e g. Finite life reit freit.
However if one takes the time to chart the growth of reits in malaysia an amazing investment fairy tale will unfold revealing an attractive income generating asset. The most distinctive characteristic of a reit is that it has to pay out at least 90 of its yearly income to enjoy tax exemption. Want to learn more about reits listed on the bursa malaysia. Real estate means land and all things that are a natural part of the land as well as things attached to the land both below and above the ground and.
Real estate investment trust or reit are great instruments for income investors. When the kl pavilion real estate investment trust reit was unveiled in 2011 most thought it was just hype that would soon die down. Evidently real estate investment trusts reits is indeed one of the safer ways to invest in real estate property. Reit is a company that gathers money from investors to invest in a portfolio of income generating real estate.