Tag Archives: trusts

Gov’t to consider law for real estate investment trusts | News

Prime Minister Andrew Holness says his administration is considering a proposal for legislation to facilitate Real Estate Investment Trusts (REITs) in Jamaica. “REITs are something that we actually have discussed internally in the Government, and it is being considered,” he stated. Holness was delivering the keynote address at a recent symbolic groundbreaking ceremony for the… Read More »

What is a REIT? Real Estate Investment Trusts and Taxation | Freeman Law

REITs, or real estate investment trusts, are often described as a mutual fund for real estate. Congress established REITs to allow individual investors to invest in large-scale, income-producing real estate. Since their introduction in 1960, REITS have grown in popularity and are commonplace in real estate property ventures, including multi-family residential, industrial, retail, office, self-storage,… Read More »