following regulations: Clause 1 In this Notification: “REIT” means a real estate investment trust. “real estate” means an immovable property including leasehold interest of immovable property. “property fund
decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other methods. 3 “property fund manager” means a property
fund manager who performs the duty of making decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other
decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other methods; “ property fund manager ” means a property
except real estate, leasehold interest in property or seeking benefits by other methods; “property fund manager” means a property fund manager under the Notification of the Office of the Securities and
(professional trustee).?REITs will be a new investment alternative for those interested in real estate investment with less restriction than Type 1 property fund due to REITS? international features and more
issuance and allocation would be more market-driven, and REIT would be allowed to invest in real estate overseas and partially take part in the development of the property as well as apply for more loans
--- Common share Warrant-Preferred share Real Estate Investment Trust (REIT) Infrastructure Fund Property Fund Debenture Note Derivative Warrants Securitization Debenture Bond Basel Convertible Debenture IC