FOLLOWING the clamor for a conducive environment for Real Estate Investment Trusts (REITS) investors, a key player in the nation’s housing sector, First Security Discount House Asset Management Limited (FSDH AM) has enjoined stakeholders to fashion out an effective and efficient tax regime for REITs in the country.
Participants made the plea in a seminar themed “Unlocking Investment Opportunities in the Real Estate”. The participants at the event included Managing Directors and Chief Investment Officers of Pension Fund Administrators, Insurance and Asset Management companies as well as representatives of regulatory authorities such as the Securities and Exchange Commission, Federal Inland Revenue Service, and Chartered Institute of Taxation.