After a long wait, Italy's Finance Act has finally come into force, introducing a new vehicle for real estate investments - the listed real estate investment company, the Societa di Investimento Immobiliare Quotate (SIIQ).
June 27, 2007 at 09:36 PM
1 minute read
The original version of this story was published on Legalweek
After a long wait, Italy’s Finance Act has finally come into force, introducing a new vehicle for real estate investments – the listed real estate investment company, the Societa di Investimento Immobiliare Quotate (SIIQ).
The new vehicle will be based on a favourable tax regime, partially replicating those already adopted in other countries, such as the REIT (Real Estate Investment Trust, which already exists in the US and UK).
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