German market gears up for launch of REITs
GERMANY - The German government is to make the introduction of Real Estate Investment Trusts (REITs) part of its grand coalition agreement, sealing the long negotiated over post-September election alliance between the CDU/CSU and the SPD.
The Deutsche-REIT or D-REIT, will be based on a blueprint put forward earlier this year by Initiative Finanzstandort Deutschland (IFD), a coalition of Finance Ministry, Bundesbank and leading financial...
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