Emira Property Fund has announced details of its strategic conversion to an internally managed Corporate REIT, listed on the JSE.
The introduction of Real Estate Investment Trusts (REITs) in South Africa last year has already resulted in a wave of conversions of various property vehicles into this tax-efficient structure.
The issues and challenges facing South Africa’s listed property sector’s transition to the best-of-breed international Real Estate Investment Trust (REIT) structure in South Africa, will be addressed at the upcoming Real Estate Investment World Africa 2008 conference
The local property market has seen four years of exceptionally good growth. As the performance levels start to taper off, Property Unit Trusts (PUTs) are looking at offshore markets with a view to both diversifying their holdings and adding to returns

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