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Document Type: | General |
Publish Date: | September 2010 |
Primary Author: | European Public Real Estate |
Edited By: | Suneela Farooqi |
Published By: | gareth.lewis@epra.com |
The Securities and Exchange Commission of Pakistan (SECP) enacted the Real Estate Investment Trust Regulations 2008 (the Regulations) vide S.R.O. 94(I)/2008 dated January 31, 2008 for the regulation of REIT management companies, and the registration and regulation of REIT schemes and connected matters. REITs in Pakistan are close-ended trusts with tax treatment similar to that of mutual funds in Pakistan in terms of tax exemptions.