| The new Real Estate Investment Trust (REIT) structure, scheduled to become available to the South African property sector in early 2013, will both benefit local property structures and increase foreign investment opportunities, according to consultancy Grant Thornton.
The adoption of the REIT structure, which is recognised in most key property markets internationally, will revive South Africa's current systems, which are dated and often tedious, through the introduction of a scheme that has been tried and tested internationally, Grant Thornton said last week...............................................Full Article: Source
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