The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations

80. Construction and development activities by a D-REIT

Edition: 2023-10-06 · In force

The trustee of a D-REIT may, subject to any limitations in the scheme documents and on the recommendation of the REIT manager acquire—

(a)vacant land for development;

(b)real estate under construction; or

(c)land for redevelopment; and enter into contracts for or carry out development and construction.