Friday, April 17, 2020

Help for S-REITs to respond to COVID


Full article here

In short:
1. Extension of Permissible Period for Distribution of Taxable Income
2. Higher Leverage Limit and Deferral of Interest Coverage Requirement

Is this a net positive or negative signal for REITs listed on the Singapore exchange? Prima facie looks positive, but is it indicative of significant headwinds for the industry going forward?

Let me know your views in the comments below!

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