Article 48(c): Offering Requirements for REITs
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
c) When submitting an application for offering, the fund manager must provide the Authority with the followings:
1) Binding agreement to sell the real estate subject of investment or a binding agreement to transfer the real estate's interest, where the fund is investing in usufruct rights, as determined in the fund's terms and conditions, upon the completion of the fund units offering and before its listing.
2) Memorandum of understanding between the Fund Manager, the developer, and the engineering office, (where applicable).
3) Memorandum of understanding between the fund manager and the company responsible for the property management or the lease contract, if agreed that the lessee is responsible for managing the property, as the case may be.
4) Name of one receiving agent, at least.
Text read on · bc713b721b7e
History
Each time the regulation watch read the source and found these words changed, the earlier text was kept. Removed words are struck through, added words underlined.
No amendment has been seen since the platform first read these words on 2026-09-14.
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Source
The text is the Authority's, reproduced with attribution. The link opens the published document.
- Published at
- CMA — Real Estate Investment Funds Regulations (English)Edition 11/2025
- Last read
- first read
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