To view the PDF file, sign up for a MySharenet subscription.

JSE LIMITED - Public consultation process on proposed changes to the JSE Listings Req to allow for the creation of REITs

Release Date: 10/12/2012 15:15
Code(s): JSER     PDF:  
Wrap Text
Public consultation process on proposed changes to the JSE Listings Req to allow for the creation of REITs

GEN – General – Public consultation process on proposed changes to the JSE
Listings Requirements to allow for the creation of Real Estate Investment Trusts
(“REITs”)


In light of recent amendments to South Africa’s Taxation Laws, the JSE has been
requested to facilitate the introduction of REIT regulation in South Africa. The
concept of REIT regulation in South Africa is a project that has been under
discussion between National Treasury and the Property Industry for more than six
years. The proposed amendments to the JSE Listings Requirements will allow
Property Loan Stock entities to take advantage of the recent tax amendments.

The JSE has been involved in discussions with the various stakeholders for the
last twelve months on these proposals. The proposed JSE Listings Requirements
facilitating the creation of REIT’s are available on the JSE’s website (Route:
How to List/Listings Requirements/see under New Items) and interested parties
are invited to submit their comments by no later than 25 January 2013. Comments
can be submitted electronically to taniaw@jse.co.za.

10 December 2012

Date: 10/12/2012 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story