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Global REIT Survey 2011 - EPRA

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EuropeBulgaria(SPIC)<strong>Global</strong> <strong>REIT</strong> <strong>Survey</strong> <strong>2011</strong>SeptemberContents General introductions Requirementss Tax treatment at the level of <strong>REIT</strong>s Tax treatment at the shareholder’s levels Tax treatment of foreign <strong>REIT</strong> and its domestic shareholderCaveat: All information in this paper is based on our research as at June <strong>2011</strong>. No reliance should be placed onnor should decisions be taken on the basis of the contents of this brochure. Any party or individual involved in thepreparation of this brochure shall bear no responsibility for the consequences of any action taken on the basis ofinformation contained herein, including errors and omissions. Throughout this survey, all <strong>REIT</strong> data provided in the“Sector summary (end of July <strong>2011</strong>)” have been kindly provided by Macquarie <strong>Global</strong> Property Securities Analytics.For any questions or feedback related to this survey, please contact:Gareth Lewis | <strong>EPRA</strong> Director of Finance | gareth.lewis@epra.com

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