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Home » REITs: Treasury wary of incentives abuse

REITs: Treasury wary of incentives abuse

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THE Treasury plans to restrict tax benefits on Real Estate Investment Trusts (REITs) to specific development areas to avoid abuse of the incentives.
The government introduced the incentives earlier this year to encourage participation in infrastructure ownership through REITs — vehicles that allow investment in real estate without having to buy or manage property.

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Finance Minister, Mthuli Ncube

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