HKREITA’s Submission to the 2024 Policy Address Public Consultation

Hong Kong REITS Association (HKREITA) made a submission to the Chief Executive on 19 August 2024 for the 2024 Policy Address Public Consultation.

As global investors explore various avenues to diversify their portfolios and secure consistent income, REITs have become an increasingly attractive option. To make sure the growth of H-REIT market keep pace with regional counterparts, HKREITA proposes the five key policy recommendations as set out below:

1. Relaxation of Hong Kong REIT Code
2. Stamp duty exemption for the transfer of properties into H-REITs
3. Increase in tax transparency
4. Diversification of the legal structure of H-REITs
5. Inclusion of REITs into the HKD-RMB Dual Counter Model

Document can be viewed here.

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