REIT Regulatory Focus and Opportunities
Grant scheme and other recent developments
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On 24 February 2021, the Financial Secretary announced new subsidies
for the coming 3 years designed to encourage the listing of REITS
■ The SFC launched and opened the REIT grant scheme for applications
on 10 May 2021
■ The REIT grant scheme has been extended for another three years until
9 May 2027
Eligible applicants
Grant amount
Eligible expenses
SFC-authorized REITs listed on The Stock Exchange of Hong
Kong on or after 10 May 2021 with a minimum market
capitalization of $1.5 billion (or equivalent) at the time of listing
Equivalent to 70% of the eligible expenses for each application,
subject to a cap of $8 million per REIT
Must be expenses paid to Hong Kong-based service providers in
relation to the listing of the REIT
(e.g. Fees relating to legal services, audit, tax and accounting
services, underwriting, valuation, roadshow expenses, listing
agents)
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SFC
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