News News Flash January 2019 - New Applicable Regime to Investment and Real Estate Management Companies 28/01/2019

Decree-Law 19/2019, published today, approved the legal framework for Real Estate Investment and Trusts ("SIGI"), commonly known as Real Estate Investment Trusts ("REIT").

"The legal framework for investment and real estate management companies (SIGI) is set up as a vehicle to promote investment and boost the real estate market, particularly the rental market. This goes along with a trend already in place in other European reference markets, benefiting from the experience of some Member States, which have been regulating these types of companies for some years, similar to the Real Estate Investment Trusts (also known as REITs)’ - Preamble to the Decree Law.

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