Asia Reit rules need improving, says CFA Institute
The institute has drafted recommendations for better protection of unit-holders of Reits following discussions with regulators and fund managers, among others.
The Asia-Pacific region is the world's second biggest market for real estate investment trusts (Reits) – with 21% of total global Reit market capitalisation – but most Asian countries lag well behind regional leader Australia in terms of governance and investor protection.
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