Change the rules to help the commercial real estate

REITs invest in real estate companies, and then, where a special tax status and taxation of rental income can be distributed to investors in the company of about 90% of the contribution is tax eliminates.

Israel's National Assembly in January 2007 in the race, such as the schema of a FTSE listed companies was the beginning of the transition - Land Securities, Britain's land and SEGRO. Their own budget, one week, GMP Tair Alice Darling said the financial crisis and its own growth and development can interfere with the structure of a REIT regime.

GMP is already in recent months with representatives to discuss two issues are engaged in:

Encourage the growth of the REIT sector (economic conditions), Permits, and a broad range of people and the source of the capital, and can continue to attract new immigrants;

Jonathan Thompson, KPMG and chairman of the Finance Committee for the BPF at the head of the International Real Estate, said: "The fee for new players on the listed shares. REIT looking for a serious new obstacle is the latent potential benefits and the type of the 2% conversion fee is payable in cash of businesses -- in - the main obstacle. capacity costs for the delay in the arrival of the property has been sold, it is necessary.

"Other important measures that we recommend in this area, and those that are removed when they sell shares in the REIT shares in exchange for the sale of property, the obligation to pay tax for hanging it. Negligence may be harder."

Rupert Dickinson, Grainger, Britain's largest residential landlord, that the Director-General said that "the right to legal framework, with the return of the suspect's homes should be able bodné. The Government, through direct investment performance of housing property to a large appetite, one of reasons, reliable and safe inflation - is evidence that the housing income insurance and pension funds, special rates for long-term promotion to make a profit. "